Mobile Payment in Sri Lanka: Market Demand Assessment

Mobile Payment in Sri Lanka: Market Demand Assessment

The IFC commissioned a report on an assessment of the market demand of mobile payment services in Sri Lanka.

Reasons for the study:

    • Lack of reach to the bottom of the pyramid segments: Financial institutions have been limited in expanding their services to reach more people at the base of the pyramid. High cost and limited infrastructure means that more affordable solutions are needed.
    • Mobile, or branchless banking as a solution: Due to large unbanked population and widespread use of mobile phones, mobile banking offers a new business model and delivery channel, to increase financial access to a wide range of services while reducing transaction costs.
  • Demand for mobile banking in Sri Lanka: With no proven models of mobile banking in Sri Lanka, this study was conducted to understand the demand for mobile based financial solutions, to help establish the availability of a viable business model for such services in the country.

Downloads

zp8497586rq
zp8497586rq

Related Articles

Google Cloud Region: Driving Higher Economic Activity in the Saudi Arabian Economy

Google Cloud Region: Driving Higher Economic Activity in the Saudi Arabian Economy

Access Partnership estimated the economic impact arising from establishing a Google Cloud Region in Saudi Arabia. The analysis finds that...

15 Nov 2023 Reports
Launch of State of APEC Supply Chains with NCAPEC

Launch of State of APEC Supply Chains with NCAPEC

Access Partnership is proud to have developed “The State of APEC Supply Chains” report in partnership with the National Center...

13 Nov 2023 Reports
Economic Impact Analysis Report: Impact of Cloud Adoption for SMMEs in South Africa and Unlocking Benefits Through AWS

Economic Impact Analysis Report: Impact of Cloud Adoption for SMMEs in South Africa and Unlocking Benefits Through AWS

The 2030 Vision in South Africa’s National Development Plan (NDP) outlines that small, micro, and medium enterprises (SMMEs) should create...

13 Nov 2023 Reports
Economic Impact Report: Democratizing access to AI in Thailand with Google

Economic Impact Report: Democratizing access to AI in Thailand with Google

Digital technologies can increase productivity, open new markets, create job opportunities, and enhance global competitiveness, propelling economic growth for countries....

13 Nov 2023 Reports