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Mobile Money: Financial Globalization, Alternative, or Both?

dc.contributor.authorTaylor, Erin Brooke
dc.date.accessioned2015-04-13T10:56:57Z
dc.date.available2015-04-13T10:56:57Z
dc.date.issued2015
dc.description.abstractMobile money, and indeed microfinance generally, seems to generate strong opinions. After giving a presentation about mobile money in Haiti at the MoneyLab conference in March 2014, an audience member asked me a loaded question that stopped me in my tracks. ‘But according to what I’ve read, mobile money has pretty much failed everywhere,’ he said, ‘Do you think that’s true for Haiti?’ My mind flashed back to a thousand memories from my fieldwork in Haiti: women receiving conditional cash payments from Mercy Corps via Voilá’s mobile money service; T-Cash, in Saint Marc; vendors paying the rent on their market stalls in Port-au-Prince via Digicel’s TchoTcho Mobil; my friend and assistant Emmanuel, who lives on the Dominican side of the border with Haiti, receiving money from his cousin to pay her Sky television bill; many others who use their mobile money accounts as a safe place to store cash. How do you judge the success of mobile money? Success according to whom? In a conference about financial alternatives, ‘success’ is a slippery subject. It might mean rapid uptake, giving millions of users access to formal financial tools for the first time. But it could also mean the exact opposite: mobile money is a way of incorporating people into the formal global financial system, and many people at this conference were present to discuss ways of opting out of this very system.por
dc.identifier.citationTaylor, E. B. (2015). Mobile Money: Financial Globalization, Alternative, or Both? . In Geert Lovink, Nathaniel Tkacz, and Patricia de Vries (Eds.), MoneyLab Reader: An Intervention in Digital Economy, Amsterdam: Institute of Network Cultures, pp. 244-256. ISBN: 978-90-822345-5-8. Retrived from: http://networkcultures.org/wp-content/uploads/2015/04/MoneyLab_reader.pdfpor
dc.identifier.isbn978-90-822345-5-8
dc.identifier.urihttp://hdl.handle.net/10451/17875
dc.language.isoengpor
dc.publisherInstitute of Network Culturespor
dc.relation.publisherversionhttp://networkcultures.org/wp-content/uploads/2015/04/MoneyLab_reader.pdfpor
dc.subjectSistema financeiropor
dc.subjectComércio electrónicopor
dc.subjectEconomia globalpor
dc.titleMobile Money: Financial Globalization, Alternative, or Both?por
dc.typebook
dspace.entity.typePublication
oaire.citation.conferencePlaceAmsterdampor
oaire.citation.endPage256por
oaire.citation.startPage244por
oaire.citation.titleMoneyLab Reader: An Intervention in Digital Economypor
rcaap.rightsopenAccesspor
rcaap.typebookpor

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