期刊名称：International Journal of Economics and Empirical Research (IJEER)
印刷版ISSN：2311-3871
电子版ISSN：2310-5232
出版年度：2014
卷号：2
期号：1
页码：7-12
出版社：The Economics and Social Development Organization (TESDO)
摘要：This study investigates the challenges and prospects of mobile banking in Africa. We examined the growth of mobile phone technology over the past decade and consider its potential impacts upon quality of life in African countries via mobile banking. Mobile banking has been observed to perform via SMS or the mobile internet but can also use special programs called clients downloaded to the mobile device. The descriptive data analysis used showed that there has been low financial services penetration compared with the exponential growth of mobile telephony in sub-Saharan Africa, thus creating a unique niche for mobile phone banking to develop on the continent. However, low level of internet penetration and poorly developed telecommunication infrastructure impede smooth development and improvements in mobile banking in Africa. These challenges can be addressed by the authorities through policy reforms and scaling up investment in the ICT sector, as well as proving proper awareness on mobile banking usage to the populace.
关键词：Mobile banking; Finance; Challenges; Prospects; Africa
