Mobile money accounts have spread widely in select regions of the developing world, particularly in Sub-Saharan Africa. This Research Brief focuses on the individual and household impacts of mobile money.
“Mobile money accounts have spread widely in select regions of the developing world, particularly in Sub-Saharan Africa. Over the past decade, evidence has emerged citing beneficial impacts of mobile money in developing economies on consumption, poverty, labor outcomes, remittances, and migration. This has led to a surge in rigorous studies focusing on the impact of mobile money on poor and rural households who tend to be unbanked and have nonexistent or very low mobile money agent access.”