IDEAS home Printed from https://ideas.repec.org/a/taf/rajsxx/v5y2013i5p423-438.html
   My bibliography  Save this article

New Technologies in Remittance Sending: Opportunities for mobile remittances in Africa

Author

Listed:
  • Melissa Siegel
  • Sonja Fransen

Abstract

Mobile remittances have a high development potential as they hold the promise of providing quick, easy and cheap money transfers. In Africa, mobile phone usage has increased sharply and mobile banking providers are extending their services, therefore offering opportunities for mobile remittances. The rise of mobile banking in Africa, however, differs substantially across countries, mainly due to a lack of financial infrastructure. Consequently, the opportunities that mobile banking offers for mobile remittances vary geographically. The services provided do not always meet the needs of remittance senders and the African remittance market is generally under-acknowledged as an important market by providers. Restrictive financial regulations play a key role as well. Mobile remittances have the potential to become an important and revolutionary tool for remittance sending in Africa. Effective policies should therefore address the limitations in the regulatory and financial infrastructure for mobile banking to become the foundation for mobile remittances.

Suggested Citation

  • Melissa Siegel & Sonja Fransen, 2013. "New Technologies in Remittance Sending: Opportunities for mobile remittances in Africa," African Journal of Science, Technology, Innovation and Development, Taylor & Francis Journals, vol. 5(5), pages 423-438, August.
  • Handle: RePEc:taf:rajsxx:v:5:y:2013:i:5:p:423-438
    DOI: 10.1080/20421338.2013.837287
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20421338.2013.837287
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/20421338.2013.837287?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chei Bukari & Isaac Koomson & Samuel Kobina Annim, 2024. "Financial inclusion, vulnerability coping strategies and multidimensional poverty: Does conceptualisation of financial inclusion matter?," Review of Development Economics, Wiley Blackwell, vol. 28(2), pages 462-498, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rajsxx:v:5:y:2013:i:5:p:423-438. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rajs .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.