Mobile money grow in 2020
More than one billion mobile money accounts were registered in 2020 and over two billion US dollars were processed daily by the mobile money industry, according to GSM Association’s report based on survey data. Moreover, mobile transactions increased during the lockdowns across the globe due to the COVID-19 pandemic. For instance more than one billion US dollars were international remittances processed per month which is an increase by 65% in 2020 compared to the previous year. The growth of using mobile money is happening globally. Total transactions values (US$) have increased by 22%......