Spotlighting opportunities and challenges of doing mobile money business in Middle East
Technological advancement and the availability of the Internet of Things have brought a revolution in the banking and finance sectors. As one-third of the world’s population is connected to the Internet with more than 700 million mobile connections, it is the ideal option to invest in mobile money.
Mobile money has been touted as the revolutionary tool for expanding financial services in low-resource countries like Egypt and Bahrain. With just a mobile phone, the users can quickly transfer money with a click and without needing any access to an existing bank account.
As of January 2022, two-thirds of the global mobile money business model were driven by users in the regions, with a value of 25 billion dollars.
READ MORE : Spotlighting opportunities and challenges of doing mobile money business in Middle East
Articles from Nikunj Gundaniya
View blogThe COVID-19 pandemic has created unforeseen challenges for the global economy. The sharp decline in ...
According to the Financial Times, 2018 was the year of the ‘silent revolution’ in the field of Open ...
Even though the world is transforming digitally, there are still areas that are untapped and untouch ...
Related content
Ramesh Lal
Go to Market Strategy for Startups
Launching a new product or service is a process directed by a thorough analysis of the targeted market and competitors. To manage innovation challenges and ensure a successful product launch, your business needs a Go-to-Market (GTM) strategy. Not only does it focus on the initial ...
Mehul Rajput
Post from Mehul Rajput
The online grocery business is not a cakewalk as it comes with many challenges also. You must follow the guidelines to ensure that your business will survive. · Top 10 Challenges in Online Grocery Business and Their Solutions - AllNetArticles · Top 10 Challenges in Online Grocer ...
Saija Rajiv
Post from Saija Rajiv
If you are one of the few businesses that own an in-house data entry team instead of getting outsource data entry services, you probably know what these challenges are. Read this and know the challenges faced by an in-house data entry team. · Challenges Faced by an In-house Data ...
Hiral Patel
BIM: The most powerful ally for MEP contractors
Whilst general contractors continue to face new challenges in modern construction, BIM continues to evolve and overcome these difficulties for general contractors. At the heart of the construction, MEP systems are crucial and produce significant costs to design, manufacture, and ...
Nikunj Gundaniya
How branchless banking is facilitating financial inclusion?
The COVID-19 pandemic has created unforeseen challenges for the global economy. The sharp decline in global business, liquidity issues, difficulties in accessing credit, disrupted income streams, bad debts, and lack of access to finance. Consumers without access to basic banking ...
Ravi Ranjan
How to Motivate Employees without Money?
Gone are the days when employees looked for opportunities with good salary packages, incentives, and perks. Today, the business world is ruled by the millennials – a generation that is more concerned about recognition, and appreciation. · Hence to make them feel motivated isn’t ...
You may be interested in these jobs
-
Validation Engineer
Found in: Talent IN 2A C2 - 5 days ago
Chakr Innovation Gurugram, IndiaResponsibilities: · Lead the formulation and development of electrode coatings to improve catalytic activity, durability, and overall performance in the electrodes. · Abdication of electrodes with novel compositions of binders, additives, and active materials. · Check electrode ...
-
SAP Fieldglass SRM Consultant: PAN-India
Found in: Talent IN C2 - 6 days ago
Shaum Solutions Bengaluru, India Full timeHi, · We, are one of the leading recruitment firms based in Bangalore. We recruit for Top Indian Corporates and MNC's. · We have immediate openings for " SAP Fieldglass SRM Consultants" for our Client L&T Infotech. · PFB, the JD of this opening. · Client : L&T InfoTech, an Indian ...
-
Senior Vice President
Found in: beBee S2 IN - 1 day ago
iimjobs Delhi NCR, India Full timeNew Business acquisition to execution in energy related consulting domain · - Business development in new areas and expansion of existing business : Review of large opportunities and close monitoring till their conversion to contract · - Periodic meeting with empaneled partners ...
You have no groups that fit your search
Comments