Recent innovations in have significantly improved the access to where Mobile money is just one part of the financial inclusion equation (Credit: imtfi, Flickr Creative Commons)individuals can use their mobile phones to make person to person (p2p) mobile money transfers and pay bills. In countries such as Kenya, Uganda and the Philippines where the adoption of mobile money services has been hugely successful, it has served as important mechanism to replace dominated transactions with an effective non- payment method.

In such environments, to a large extent cash is in the process of being displaced, however, the needs of the users have only been addressed in a narrow sense. Full by definition requires that the users of the financial accounts not only have access to payment services but also have the ability to save and have access to other financial services.

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