GSMA Says Registered Mobile Money Accounts Top 500 Million
There were about 556 million registered mobile money accounts in 92 countries at the end of 2016, GSM reported Tuesday. That included 174 million accounts active over the previous days, said a news release. Some 35 mobile money services have…
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more than 1 million active accounts, and there are more than 4.3 million mobile money agent outlets, GSMA said. “The average cost of sending international remittances using mobile money is less than half the cost of doing so via a global money transfer operator.”