SA mobile money market is tiny, but still worthwhile

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Ireland News News

Despite high financial inclusion, the potential is 6-million South Africans, says GMSA

GSMA, the global industry body for telecommunications, says SA has a market of 6-million people who still do not have access to formal financial services, creating an opportunity for mobile money players to capitalise on.

As voice revenue and data margins fall, squeezed by public pressure and regulations, mobile operators have been looking at other ways to create revenue streams from their large customer bases...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines