Mobile Money for the Unbanked Annual Report 2009 – Mobile World Live

Mobile Money for the Unbanked Annual Report 2009

27 MAY 2010

Published by: GSM Association

The GSMA Mobile Money for the Unbanked (MMU) initiative aims to connect the unconnected and improve the social and economic well-being of the world’s population living on less than US$2 a day by supporting and encouraging the development of sustainable mobile money solutions.

The purpose of the GSMA’s MMU initiative is to accelerate the availability of mobile money services for the poor, in terms of (1) speed (number of mobile money deployments) (2) scale (number of subscribers) and (3) sophistication (evolving from individual platforms enabling cash transfers to interoperable platforms, or moving beyond cash transfers toward savings, credit and insurance).

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