Mobile Banking and Financial Inclusion : The Regulatory Lessons

Klein, Michael; Mayer, Colin

dc.creator	Klein, Michael
dc.creator	Mayer, Colin
dc.date	2012-03-19T18:02:16Z
dc.date	2012-03-19T18:02:16Z
dc.date	2011-05-01
dc.date.accessioned	2023-02-17T20:56:34Z
dc.date.available	2023-02-17T20:56:34Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110518143113
dc.identifier	http://hdl.handle.net/10986/3427
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244391
dc.description	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.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5664
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCESS PRICING
dc.subject	ACCESS TO FINANCE
dc.subject	ACCESS TO PAYMENTS
dc.subject	ACCOUNT HOLDER
dc.subject	ACCOUNT HOLDERS
dc.subject	ACCOUNT OWNERS
dc.subject	ACCOUNTING
dc.subject	ADVANCED ECONOMIES
dc.subject	ANTI-MONEY LAUNDERING
dc.subject	ANTI-MONEY LAUNDERING LEGISLATION
dc.subject	ASSET CLASSES
dc.subject	ATM
dc.subject	BANK ACCOUNT
dc.subject	BANK ACCOUNTS
dc.subject	BANK BRANCH
dc.subject	BANK BRANCHES
dc.subject	BANK DEPOSITS
dc.subject	BANK FOR INTERNATIONAL SETTLEMENTS
dc.subject	BANK REGULATION
dc.subject	BANKING MODELS
dc.subject	BANKING REGULATION
dc.subject	BANKING SERVICES
dc.subject	BANKING SUPERVISION
dc.subject	BANKING SYSTEM
dc.subject	BANKS
dc.subject	BARRIER
dc.subject	BARRIER TO ENTRY
dc.subject	BASIC
dc.subject	BENEFICIARY
dc.subject	BOOK ENTRY
dc.subject	BOOK-ENTRY
dc.subject	BORROWING
dc.subject	BUSINESS MODELS
dc.subject	CAPITAL ADEQUACY
dc.subject	CAPITAL CONTROL
dc.subject	CAPITAL REQUIREMENTS
dc.subject	CASH ECONOMY
dc.subject	CASH MANAGEMENT
dc.subject	CASH WITHDRAWALS
dc.subject	CENTRAL BANK
dc.subject	CHECKING ACCOUNT
dc.subject	CHECKS
dc.subject	CLEARING SYSTEMS
dc.subject	COLLATERAL
dc.subject	COMMERCIAL BANKING
dc.subject	COMMERCIAL LAW
dc.subject	COMMUNICATION TECHNOLOGIES
dc.subject	COMMUNITIES
dc.subject	COMPETITION POLICY
dc.subject	COMPETITIVE MARKETS
dc.subject	COMPONENTS
dc.subject	CONSUMER PROTECTION
dc.subject	CONTRACTUAL RELATIONSHIP
dc.subject	CREDIT CARD
dc.subject	CREDIT CARDS
dc.subject	CREDIT GROWTH
dc.subject	CREDITS
dc.subject	CUSTODY
dc.subject	CUSTOMER DEMAND
dc.subject	DEPOSIT
dc.subject	DEPOSIT INSURANCE
dc.subject	DEPOSITOR
dc.subject	DEPOSITORS
dc.subject	DEPOSITS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING ECONOMIES
dc.subject	DEVICES
dc.subject	DISCLOSURE REQUIREMENTS
dc.subject	DISPUTE RESOLUTION
dc.subject	DIVERSIFICATION
dc.subject	E-MONEY
dc.subject	ECONOMIC ACTIVITY
dc.subject	ECONOMIC POLICY
dc.subject	ELECTRONIC ACCOUNT
dc.subject	ELECTRONIC FORMS
dc.subject	ELECTRONIC PAYMENTS
dc.subject	ELECTRONIC TRANSFERS
dc.subject	EMERGING MARKETS
dc.subject	EMPLOYEE
dc.subject	EXPENDITURE
dc.subject	EXTERNALITIES
dc.subject	FAIR PRICE
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL REGULATION
dc.subject	FINANCIAL REGULATORS
dc.subject	FINANCIAL REVOLUTION
dc.subject	FINANCIAL RISKS
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL SYSTEM
dc.subject	FINANCIAL SYSTEMS
dc.subject	FINANCIAL TRANSACTIONS
dc.subject	FINANCIAL VIABILITY
dc.subject	FOREIGN CURRENCY
dc.subject	FRAUD
dc.subject	HEALTH SERVICES
dc.subject	HOLDING
dc.subject	HOUSEHOLD APPLIANCES
dc.subject	INCOME LEVEL
dc.subject	INCUMBENT PROVIDERS
dc.subject	INFLATION
dc.subject	INNOVATIONS
dc.subject	INSTITUTIONAL INFRASTRUCTURE
dc.subject	INSTRUMENT
dc.subject	INSURANCE
dc.subject	INTEREST INCOME
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL DEVELOPMENT
dc.subject	INTEROPERABILITY
dc.subject	INVESTING
dc.subject	INVESTMENT BANKING
dc.subject	INVESTMENT RISK
dc.subject	INVESTMENT RISKS
dc.subject	LEGAL BARRIERS
dc.subject	LEGAL PROTECTION
dc.subject	LEGISLATION
dc.subject	LIQUIDITY
dc.subject	LOAN
dc.subject	LOAN PAYMENTS
dc.subject	LOAN PRODUCTS
dc.subject	LOCAL CURRENCY
dc.subject	MARGINAL COSTS
dc.subject	MARKET FAILURE
dc.subject	MARKET PARTICIPANTS
dc.subject	MARKET SHARE
dc.subject	MATURITY
dc.subject	MATURITY TRANSFORMATION
dc.subject	MEANS OF EXCHANGE
dc.subject	MERCHANT
dc.subject	MERCHANTS
dc.subject	MICRO-FINANCE
dc.subject	MICRO-LENDING
dc.subject	MICROCREDIT
dc.subject	MICROFINANCE
dc.subject	MOBILE BANKING
dc.subject	MOBILE PAYMENT SYSTEM
dc.subject	MOBILE PHONE
dc.subject	MOBILE PHONES
dc.subject	MODERN FINANCIAL SYSTEMS
dc.subject	MONETARY AUTHORITIES
dc.subject	MONEY SUPPLY
dc.subject	MONEY TRANSFER
dc.subject	MONOPOLY
dc.subject	NETWORK INDUSTRIES
dc.subject	NETWORKS
dc.subject	NEW BUSINESS
dc.subject	NEW ENTRANTS
dc.subject	NEW TECHNOLOGIES
dc.subject	NEW TECHNOLOGY
dc.subject	NOW ACCOUNTS
dc.subject	OPERATIONAL RISK
dc.subject	OUTPUT
dc.subject	PAYMENT MECHANISM
dc.subject	PAYMENT MECHANISMS
dc.subject	PAYMENT OBLIGATIONS
dc.subject	PAYMENT OF INTEREST
dc.subject	PAYMENT SERVICES
dc.subject	PAYMENT SYSTEM
dc.subject	PAYMENT SYSTEMS
dc.subject	PAYMENTS SERVICES
dc.subject	PAYMENTS SYSTEM
dc.subject	PAYMENTS SYSTEMS
dc.subject	PHONE BANKING
dc.subject	POINT OF SALE
dc.subject	POINT-OF-SALE
dc.subject	PORTFOLIOS
dc.subject	POST OFFICE
dc.subject	PRIVATE INFRASTRUCTURE
dc.subject	PRIVATE SECTOR DEVELOPMENT
dc.subject	PROFITABILITY
dc.subject	PRUDENTIAL REGULATION
dc.subject	RECEIPTS
dc.subject	REGISTRATION REQUIREMENTS
dc.subject	REGULATOR
dc.subject	REGULATORY APPROACHES
dc.subject	REGULATORY AUTHORITIES
dc.subject	REGULATORY REQUIREMENTS
dc.subject	REGULATORY SYSTEM
dc.subject	REGULATORY TREATMENT
dc.subject	REMITTANCE
dc.subject	REMITTANCES
dc.subject	REPAYMENTS
dc.subject	RETURN
dc.subject	RETURNS
dc.subject	RISK OF LOSS
dc.subject	SAFE INSTRUMENTS
dc.subject	SAVINGS
dc.subject	SETTLEMENT
dc.subject	SETTLEMENT SYSTEM
dc.subject	SUBSIDIARY
dc.subject	SYSTEMIC RISKS
dc.subject	TAX
dc.subject	TELECOMMUNICATIONS
dc.subject	TELEPHONE SERVICE
dc.subject	TERMINALS
dc.subject	TRADITIONAL BANKING
dc.subject	TRANSACTION
dc.subject	TRANSACTION COSTS
dc.subject	TRANSPARENCY
dc.subject	TRANSPORT
dc.subject	UNION
dc.subject	VILLAGES
dc.subject	WITHDRAWAL
dc.subject	WITHDRAWAL FEE
dc.title	Mobile Banking and Financial Inclusion : The Regulatory Lessons
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region