Global mobile money transfer to top $10 billion in 2013

Comments "Going beyond top up is the real challenge for Telcos... Cash remittance is another job and they need time to ajust their process to regulatory constraints. Banks should take advantage of it!»

Extract "The value of international money transfers made via mobile devices this year will exceed $10 billion for the first time, according to Juniper Research. However, the cost and complexity of regulating cash transfer has led many telecom providers to focus exclusively on airtime top ups, the research firm reported."

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