Institute for Money, Technology & Financial Inclusion

Final Report/Synopsis of Research Results: This study evaluated the impact of mobile banking products on the financial behaviors of Ghana’s urban poor one year after their introduction into the country. With the use of semi-structured interviews and a document review, we investigated the cultural perceptions of the use of mobile money (MM), identified its successes, as well as any barriers to its adoption and its impact on Ghana’s urban poor with respect to their access to financial resources, attitudetoward saving, storage and wealth transfer.