Cross-post from GSMA blog (with special section on Ecuador and infographic)
Click here.
By Mireya Almazan
|
Ecuador has implemented an innovative approach to
financial inclusion. |
"Today, the GSMA is releasing a new publication on mobile financial services in Latin America and the Caribbean (LAC), which provides a snapshot of the current state of mobile financial services in LAC, analyses the commercial models being employed in different market segments, and discusses the regulatory evolution that has helped shape the industry....
Ecuador - "In Ecuador, the central government is the only issuer of e-money, as established by a legal framework issued in 2014.[6] Ecuador has thus opted for a policy approach to mobile
money instead of a commercial approach. These efforts are in early stages and will be studied by industry stakeholders for years to come....
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