Nicola Limodio, Bocconi University


Date: Tuesday 28 March 2023

Time: 13.00 – 14.30

Location: IIES seminar room A822/hybrid

Mobile Money, Interoperability and Financial Inclusion

Mobile Money, Interoperability and Financial Inclusion

This paper explores the tradeoff between competition and financial inclusion given by the vertical integration between mobile network and money operators. Using data on mobile money fees, network coverage and financials, we examine the staggering across African countries of platform interoperability – a competition-promoting policy that facilitates transactions across different mobile money operators. Our findings show that companies respond to interoperability by lowering their fees, particularly for low-value transactions. However, this results in a reduction of network coverage, especially in rural districts and among formerly-dominant operators. These network adjustments lead to a decline in various survey metrics of financial inclusion.

The seminar is in the IIES Seminar Room and can also be joined via zoom, click here or use Meeting ID: 663 805 390 26.