Can Mobile Money Facilitate Cash Transfers to Farmers and the Rural Poor in the COVID-19 Context?
Can Mobile Money Facilitate Cash Transfers to Farmers and the Rural Poor in the COVID-19 Context?
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06.2020Publisher
Center for Development Research (ZEF)Publisher Location
BonnMetadata
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Abstract
Mobile money is widespread across Africa. The GSMA reports that around half of the 1 billion mobile money accounts worldwide were registered in Africa in 2019. In Sub-Saharan Africa (SSA) alone, mobile money transactions exceeded 456 bn USD in 2019, two thirds of the global total. With the COVID-19 pandemic limiting options for providing relief to the world’s poor, development organizations are looking to mobile money as a way to disburse aid. Besides offering a fast and costeffective way to transfer money, mobile money can offer benefits to women and farmers, and may also serve as a path to connect the “unbanked” to formal financial institutions. At the same time, mobile money cannot bethe only solution: its adoption varies across countries and it is limited to those with mobile phone access.
Subjects
Africa, Agricultural production, Covid-19, Social protection
Classification (DDC)
360 Soziale Probleme, Sozialdienste, VersicherungenPart of Series
PARI Policy Brief ; 22Greco, Angelica: Can Mobile Money Facilitate Cash Transfers to Farmers and the Rural Poor in the COVID-19 Context?. Bonn: Center for Development Research (ZEF), 2020. In: PARI Policy Brief, 22.
Online-Ausgabe in bonndoc: https://doi.org/10.48565/bonndoc-41
Online-Ausgabe in bonndoc: https://doi.org/10.48565/bonndoc-41
@techreport{handle:20.500.11811/9934,
doi: https://doi.org/10.48565/bonndoc-41,
author = {{Angelica Greco}},
title = {Can Mobile Money Facilitate Cash Transfers to Farmers and the Rural Poor in the COVID-19 Context?},
publisher = {Center for Development Research (ZEF)},
year = 2020,
month = jun,
series = {PARI Policy Brief},
volume = 22,
note = {Mobile money is widespread across Africa. The GSMA reports that around half of the 1 billion mobile money accounts worldwide were registered in Africa in 2019. In Sub-Saharan Africa (SSA) alone, mobile money transactions exceeded 456 bn USD in 2019, two thirds of the global total. With the COVID-19 pandemic limiting options for providing relief to the world’s poor, development organizations are looking to mobile money as a way to disburse aid. Besides offering a fast and costeffective way to transfer money, mobile money can offer benefits to women and farmers, and may also serve as a path to connect the “unbanked” to formal financial institutions. At the same time, mobile money cannot bethe only solution: its adoption varies across countries and it is limited to those with mobile phone access.},
url = {https://hdl.handle.net/20.500.11811/9934}
}
doi: https://doi.org/10.48565/bonndoc-41,
author = {{Angelica Greco}},
title = {Can Mobile Money Facilitate Cash Transfers to Farmers and the Rural Poor in the COVID-19 Context?},
publisher = {Center for Development Research (ZEF)},
year = 2020,
month = jun,
series = {PARI Policy Brief},
volume = 22,
note = {Mobile money is widespread across Africa. The GSMA reports that around half of the 1 billion mobile money accounts worldwide were registered in Africa in 2019. In Sub-Saharan Africa (SSA) alone, mobile money transactions exceeded 456 bn USD in 2019, two thirds of the global total. With the COVID-19 pandemic limiting options for providing relief to the world’s poor, development organizations are looking to mobile money as a way to disburse aid. Besides offering a fast and costeffective way to transfer money, mobile money can offer benefits to women and farmers, and may also serve as a path to connect the “unbanked” to formal financial institutions. At the same time, mobile money cannot bethe only solution: its adoption varies across countries and it is limited to those with mobile phone access.},
url = {https://hdl.handle.net/20.500.11811/9934}
}
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