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Mobile banking and financial inclusion : the regulatory lessons (English)

Mobile banking is growing at a remarkable speed around the world. In the process it is creating considerable uncertainty about the appropriate regulatory response to this newly emerging service. This paper sets out a framework for considering the design of regulation of mobile banking. Since it lies at the interface between financial services and telecoms, mobile banking also raises competition policy and interoperability issues that are discussed in the paper. Finally, by unbundling payments services into its component parts, mobile banking provides important lessons for the design of financial regulation more generally in developed as well as developing economies.

Details

  • Author

    Klein,Maximilian Michael Johann, Mayer,Colin Peter

  • Document Date

    2011/05/01

  • Document Type

    Policy Research Working Paper

  • Report Number

    WPS5664

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2011/05/01

  • Disclosure Status

    Disclosed

  • Doc Name

    Mobile banking and financial inclusion : the regulatory lessons

  • Keywords

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Citation

Klein,Maximilian Michael Johann Mayer,Colin Peter

Mobile banking and financial inclusion : the regulatory lessons (English). Policy Research working paper ; no. WPS 5664 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/516511468161352996/Mobile-banking-and-financial-inclusion-the-regulatory-lessons