IFC Mobile Money Study 2011 : Brazil

Although a number of m-money businesses have emerged around the world, few have reached significant scale. Overall, m-money uptake is limited when contrasted with its apparent promises of reaching the unbanked and underserved, of servicing existing banking clients, and of being a means for a cashless society. This study examines the following in more detail: existing major money flows and the critical mass of low-value, high-volume payment transactions and whether m-money can be used for them (i.e., potential demand); regulatory environment and major obstacles for m-money uptake; business models of partnering institutions; payment behavior of users and nonusers (banked and unbanked), in particular where they receive funds and how they use money, including alternative means; and existing and potential agents networks, their requirements to run m-money as a viable business, and their training needs. This report provides detailed information regarding the five main topics as they relate to Brazil, business models, money flows and demand, potential user perceptions and behavior, regulation, and agent networks.

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Bibliographic Details
Main Author: International Finance Corporation
Format: Working Paper biblioteca
Language:English
en_US
Published: Washington, DC 2011
Subjects:ACCESS TO ATMS, ACCESS TO BANK ACCOUNTS, ACCESS TO CREDIT, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCOUNT HOLDERS, ACCOUNTING, ADMINISTRATIVE COSTS, ADVANCED TECHNOLOGY, ADVISORY SERVICES, AFFILIATES, AGRICULTURAL ACTIVITIES, ALTERNATIVE CREDIT, B2B, BALANCE INQUIRY, BANK ACCOUNT, BANK ACCOUNTS, BANK BRANCH, BANK BRANCHES, BANK CUSTOMERS, BANK OF THAILAND, BANKING INDUSTRY, BANKING SECTOR, BANKING SERVICES, BANKING SYSTEM, BANKS, BAR CODE, BUSINESS DEVELOPMENT, BUSINESS MODEL, BUSINESS MODELS, BUSINESS STRATEGIES, BUSINESS TO BUSINESS, BUSINESS TRANSACTIONS, BUSINESS-TO-BUSINESS, BUSINESS-TO-EMPLOYEE, CABLE TV, CAPABILITIES, CAPABILITY, CASH WITHDRAWAL, CELL PHONES, CENTRAL BANK OF SRI LANKA, CHECKING ACCOUNT, CHECKING ACCOUNTS, CLEARING HOUSES, COMMERCIAL BANKS, COMMUNICATIONS TECHNOLOGY, CONSUMER CREDIT, CONVENIENT PAYMENT, CORRESPONDENT BANKS, CREDIT ANALYSIS, CREDIT CARD, CREDIT CARD COMPANIES, CREDIT CARDS, CREDIT COOPERATIVES, CREDIT MARKET, CREDIT RATING, CREDIT RATING AGENCY, CREDIT SOCIETIES, CREDITS, CURRENT ACCOUNTS, DATA ANALYSIS, DEBIT CARD, DEBIT CARDS, DEMAND DEPOSITS, DEMAND FOR CREDIT, DEPOSIT, DEPOSIT ACCOUNT, DEPOSIT INSURANCE, DEPOSITS, DEVELOPMENT BANK, DISTRIBUTION NETWORK, E-MONEY, E-PAYMENT, EARNINGS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIES OF SCALE, EDUCATIONAL CAMPAIGNS, ELECTRICITY, ELECTRONIC COMMERCE, ELECTRONIC MONEY, ELECTRONIC PAYMENT, ELECTRONIC WALLET, EMPLOYEE, EQUIPMENT PURCHASE, EXCHANGE RATE, FACILITATION, FAMILIES, FAMILY BUSINESS, FARMERS, FINANCIAL ACCESS, FINANCIAL DATA, FINANCIAL EDUCATION, FINANCIAL INSTITUTIONS, FINANCIAL LITERACY, FINANCIAL SERVICE, FINANCIAL SYSTEM, FIRST CREDIT, FORMAL ECONOMY, FORMAL FINANCIAL SERVICES, GENDER, HOUSEHOLD INCOME, HOUSEHOLDS, ICT, ID, IDENTIFICATION NUMBER, IDENTITY MODULE, INCOME GROUP, INCOME GROUPS, INEQUALITY, INFLATION, INITIAL CREDIT, INSTALLMENT, INSTALLMENTS, INSTITUTIONAL DEVELOPMENT, INTEREST RATE, INTEREST RATES, INTERNATIONAL FINANCE, INTERNATIONAL LAW, INTEROPERABILITY, INVESTMENT OPPORTUNITIES, LARGE CITIES, LEGISLATION, LENDER, LICENSE, LICENSES, LOAN, LOAN APPLICATIONS, LOAN REQUESTS, LOTTERIES, LOW-INCOME FAMILIES, MARKET OPPORTUNITY, MARKET SEGMENT, MARKET SEGMENTS, MARKET SHARE, MARKET SHARES, MARKETING STRATEGY, MASS MARKET, MASS TRANSIT, MATERIAL, MEDIUM ENTERPRISES, MERCHANT, MERCHANTS, METROPOLITAN AREAS, MFI, MFIS, MICROCREDIT, MICROFINANCE, MICROFINANCE INSTITUTION, MICROFINANCE INSTITUTIONS, MIGRATION, MINIMUM WAGE, MINIMUM WAGES, MOBILE ACCESS, MOBILE COMMUNICATIONS, MOBILE NETWORK, MOBILE PHONE, MOBILE PHONES, MONEY TRANSFER, MONEY TRANSFERS, MUNICIPALITIES, NET SAVINGS, NETWORKS, NEW BUSINESS, NEW COMPANY, NEW ENTRANTS, NEW TECHNOLOGIES, NICHE MARKET, NONBANKS, OUTREACH, OUTSTANDING BALANCES, PARTNER BANK, PAYMENT CARD, PAYMENT CARDS, PAYMENT METHODS, PAYMENT PROCESSING, PAYMENT SYSTEM, PAYMENT TRANSACTIONS, PEER REVIEW, PENETRATION RATE, PENSION FUND, PERSONAL DATA, POINT OF SALE, POINT-OF-SALE, PRIVATE INVESTORS, PRIVATE SECTOR, PRIVATE SECTOR BANK, PRIVATE SECTOR BANKS, PROFITABILITY, PROJECT MANAGEMENT, PUBLIC TRANSPORT, QUERIES, RECEIPT, REGULAR PAYMENTS, REGULATORY ENVIRONMENT, REGULATORY FRAMEWORK, REGULATORY OVERSIGHT, RELIABILITY, REMITTANCE, REMITTANCES, RETAIL BANKING, ROAD TOLLS, SAVINGS, SAVINGS ACCOUNTS, SAVINGS BEHAVIOR, SAVINGS PRODUCTS, SAVINGS RATE, SEARCH, SECURITIES, SERVICE PROVIDER, SERVICE PROVIDERS, SMALL BUSINESSES, SOCIAL DEVELOPMENT, SOCIAL SECURITY, SUBSIDIARY, SUPERMARKETS, SUPPLY CHAIN, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TELECOMMUNICATIONS EQUIPMENT, TELEPHONE, TELEPHONE SERVICE, TELEVISION, TRANSMISSION, UNEMPLOYMENT, UNEMPLOYMENT INSURANCE, UNION, URBAN AREAS, URBANIZATION, USER, USERS, VALUE CHAIN, VOUCHERS, WEB, WEB SITE, WIRELESS APPLICATION PROTOCOL,
Online Access:http://documents.worldbank.org/curated/en/2011/01/24115690/brazil-ifc-mobile-money-study-2011
http://hdl.handle.net/10986/21745
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