Mobile Money

Consumers in the developing world are able to conduct financial transactions through their mobile phone providers, transforming their phones from communications tool to a financial access channel. From transferring money to paying for goods and services, the mobile phone functionality available today is transforming economies and empowering consumers.  In Kenya, Tanzania, and Uganda, mobile money is the key driver of financial inclusion. Kenya remains the global leader in mobile money usage, with 67% registered mobile money account owners. With four key providers, Tanzania has the most competitive market, and Uganda boasts a high number (47%) of aware nonusers primed to open accounts. In Nigeria, India, Indonesia, Bangladesh, and Pakistan, banks and microfinance institutions drive financial inclusion.

Mobile Money Account Ownership

Total Population
By Gender
By Education
By Poverty Level
67% of Kenyans are active users of mobile money.

Mobile Money Accounts

Access to, Registered, and Active Accounts
46% of Tanzanians below the poverty level have mobile money accounts, and 75% of those above do.

Advanced Use

Active Registered Users Who Have Used at Least One Advanced Function

True or false

In Uganda, there is a great deal of disparity between those above and below the poverty line in terms of mobile money account ownership.

True (29% of those below the poverty line and 62% of those above the poverty line have mobile money accounts)

In Bangladesh, which financial institutions are driving financial inclusion?

A. Banks
B. Mobile money
C. Microfinance institutions
A. Banks

True or false

Among FII countries, Tanzania has an almost equal percentage of young and older adults with mobile money accounts.


In India, what percentage of rural adults have a mobile money account?

A. 4%
B. 1%
C. 40%
D. 11%
B. 1%

Which FII country has the highest percentage of adults with mobile money accounts?

A. Nigeria
B. India
C. Bangladesh
D. Kenya
D. Kenya (72%)

What percentage of Bangladeshi youth have a mobile money account?

A. 10%
B. 19%
C. 15%
B. 19%