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Mobile MOBILE MONEY IN LATIN AMERICA

Money & THE CARIBBEAN 2016

RANGING REGULATION

1 2 80%
FROM OVER IS IMPROVING
IN THE
MOBILE REGION, GUYANA
NICARAGUA
MONEY allowing more
CAN DRIVE financial service

6
IN HAITI AND providers to better
FINANCIAL NICARAGUA serve low-income
INCLUSION PERU
customers
IN LATIN BOLIVIA

AMERICA
HALF OF TO LESS THAN

35%
PARAGUAY

& THE ADULTS ARE Positive regulatory


CARIBBEAN UNDERSERVED changes recently Markets BRAZIL
with enabling
BY FORMAL made in
regulation
IN BRAZIL, COLOMBIA,
FINANCIAL JAMAICA AND EL SALVADOR
in 2016, up
from 2 markets
SERVICES COSTA RICA and HONDURAS in 2012

MOBILE MONEY IN THE REGION THE


HAS GROWN STEADILY SINCE 2010 MOBILE MONEY
ECOSYSTEM
CUSTOMERS ARE MORE ACTIVE HONDURAS IN LATIN
AND AMERICA & THE
EL SALVADOR An increasing
ARE IN THE CARIBBEAN number of mobile
TOP 20 IS MORE
37
money services
MARKETS DEVELOPED derive the majority
47%
GLOBALLY
SERVICES IN FOR of their revenue
from organisations
17
MARKETS
of registered mobile money
accounts are active, higher
than any other region
ACTIVE
ACCOUNT
PENETRATION
digitising business
payments

VISIT: www.gsma.com/mobilemoney FOLLOW US: @GSMAMMU