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ARPN Journal of Science and Technology >> Volume 7, Issue 2, November 2017

ARPN Journal of Science and Technology

Mobile Money in an Emerging Small Island Economy

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ISSN 2225-7217
On Pages 454-458
Volume No. 2
Issue No. 5
Issue Date June 01, 2012
Publishing Date June 01, 2012
Keywords Mobile Money Services, Cost-Effective, Regulation


This paper examines the relevance of mobile money services in the small island economy of Mauritius. Although so far the use of mobile money in the developing world has been investigated in terms of its relevance to poverty alleviation, this paper shows that mobile money has an important role to play in the upper-middle income country like Mauritius as it may enhance the business environment and the potential for doing business in the island economy. With the high level of financial development in Mauritius, the use of mobile money can help to make transactions faster, cost-effective and more efficient. Mobile money services may in essence serve as a business facilitating tool to promote investment and the ease of doing business in Mauritius.

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