Demand-Side Mobile Money Drivers of Financial Inclusion: Minimum Economic Growth Thresholds for Mobile Money Innovations

This study provides minimum economic growth (or GDP growth) critical masses or thresholds that should be exceeded in order for demand-side mobile money factors to favorably drive innovations financial inclusion developing countries. The considered are accounts, the phone used send money, and receive money. empirical evidence is based on tobit regressions. For positive net relationships established, an extended analysis engaged provide levels required sustain nexuses. From this analysis, modulate drivers influence innovations, rates (i) 3.875% nexus between bank accounts money; (ii) 3.769% relationship automated teller machine (ATM) penetration (iii) 3.666% ATM