A recent study indicated that using mobile phones for inward remittances had potential among Sri Lankan migrant workers. However, regulators need to set out clear guidelines for mobile operators to develop this concept.
“Mobile payment facilities have great potential for remittances,” says a study conducted by LIRNEasia, on Tele-use at the Bottom of the Pyramid. LIRNEasia is a non governmental organisation involved in information and communication technology policy and regulation capacity-building.
“However, without clear guidelines, mobile operators cannot develop, test and deploy such services to cater to this important market,” says the study. The study that targeted 106 recently returned Sri Lankan migrant workers belonging to the lowest socioeconomic segments, says the system also needs credible organisations involved in the transactions, for migrant workers to trust the concept. Read more
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