Mobile Financial Services in Mediterranean Partner Countries

This report analyzes the evolving market for mobile financial services in Mediterranean partner countries (MPCs). The report suggests that financial exclusion threatens economic and social development. However, due to the very high penetration of mobile technology in the Southern and Eastern Mediterranean, mobile banking could play a role in increasing financial inclusion. he study first undertakes a mapping of the countries in the region with the view to assessing the feasibility of deploying new technologies for financial services in each country. It also clarifies the elements needed for the successful implementation of the newly identified models, at the end of which it lists the institutions that could implement such projects in the region.