The mobile money service is an innovative and convenient cash management service available on mobile phones and the internet.
The service facilitates money transfers, virtually allowing you to use your device as a mobile bank account. Talk of paying bills, buying airtime, shopping online, the list goes on and on. It encapsulates it all.
According to statistics from the Gates Foundation and the World Bank, Africa is said to have the fastest take-up of “mobile money” in the world.
Out of the top 20 countries in the world noted for mobile money usage, 15 are in Africa.
Check out our infographics on mobile money use.
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