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Mobile money (MM) is one of the many promising tools to enable even more individuals currently in rural and marginalized communities in the banking sector than ever before. It has been gaining popularity in developing countries for almost twenty years.

However , MM adoption has become more successful when government authorities provide bonuses to early on adopters. Using the Ecuadorian LOGISTIK project as a case study, we all tested whether subsidized authorities programs motivate more users to use LOGISTIK as an alternative to funds transactions and how solutions behave over time in this circumstance.

During the project, the Government subsidized MM ownership through tax-incentives in the form of a refund to a user’s LOGISTIK account. We employed temporal research of network representations of MM financial transactions to track the behaviour of agents from this context after a while.

The Incentives Network captures almost all transactions in which the us government gives providers money back for their usage of non-cash payments, including MM and debit cards. This network features nodes that represent macro-agents, companies and users in addition to the Government as well as the Central Lender.

We evaluate this network after the enactment of OLEPF, and we find that, in the 1st spans, an important number of realtors were removed as non-active. In the pursuing spans, these substances regained their very own previous activity, plus they started to execute small financial transactions.

In fact , the system grew from not any transactions to 40, 1000 per 30-day span in the last 10 ranges. This maximize is largely related to the introduction of the incentives. These incentives encouraged agents to accumulate e-money inside their MM accounts and then cash-out the us dollars. This increased the importance of e-money inside the MM consideration, and this value has been developing over time.