The State of Mobile Money Ecosystem – How does building an ecosystem impact profitability and help create an efficient and affordable way to facilitate payments on a large scale?

Once the foundations of a mobile money service have been established, service providers can significantly grow the volume of transactions by developing a mobile money ecosystem around their platform. Ecosystem transactions involve a third party and are: bill payments, bulk payments, merchant payments, international remittances, transfers between mobile money accounts and bank accounts as well as off-net P2P transfers to unregistered users.