Mobile Money continues to reach new heights, playing a vital role in financial inclusion. In December 2020, $70 billion was transacted via mobile money.
The GSM Association's (GSMA) State of the Industry Report on Mobile Money 2020 states: "The mobile money industry of today has a host of seasoned providers with a broad set of operational capabilities, a full suite of products, and a global reach. There are 310 mobile money services across 96 countries, bringing more people into the formal financial ecosystem."
COVID-19 has not only accelerated the digitalisation of payments but also drives the innovation towards financial inclusion.
The 13th Mobile Money & Financial Inclusion Summit will bring stakeholders together to discuss the evolving financial landscape in key emerging markets (including Myanmar, Vietnam, Cambodia, Laos, Philippines, Indonesia, Bangladesh, Pakistan and India), as well as the opportunities and barriers to deliver improved financial literacy and industry collaboration towards financial inclusion.
The 2022 Summit will deep dive into the challenges associated with: Digital First engagement, the engagement capacity gap due to COVID-19 and how to close this gap; driving inclusion through MSME’s enablement; the latest innovations in digital mobile payments; delivering the omni-channel experience; unlocking growth through digital and financial literacy, as well as partnerships, collaboration and innovation opportunities.