FIELD Report 6: Mobile Money in the West Bank & Gaza
This report summarizes the findings of a study conducted in August 2008 to assess the feasibility of using information and communication technologies (ICTs) to expand access to financial services in Palestine. In particular, the study examined the use of mobile phones and Point of Sale (POS) devices to facilitate electronic financial transactions outside of traditional brick-and-mortar branches. The use of such technologies as delivery mechanisms for financial services is commonly referred to as “branchless banking.” The goal of the study was to determine whether branchless banking could be used to overcome restrictions on movement and increase access to finance in Palestine. For a summary of this FIELD Report, see FIELD Brief No. 6.