The MMT opportunity

Latest World Bank figures quantify the current remittances market at $318bn, with informal transactions taking the total to close to $600bn. By 2030, the World Bank estimates the value will grow to a massive $72trillion.

There are over 2.8 billion mobile subscribers, with a further million new connections per day, with growth being driven by developing nations (according to the EDC-GSMA Mobile Financial Services Survey 2007). Mobile phones are emerging as the most convenient channel to initiate and receive money transfers. Forward thinking companies are targeting key international remittance corridors and domestic money transfers – both in developing nations, where the banking infrastructure is less developed, and in developed nations as a killer app in driving mobile payments and mobile commerce.

How do you build a profitable business in this complex and changing payments ecosystem? How are you going to get cash in and cash out? What are the operational implications of complying with local regulations? What are the opportunities for MNOs, banks, MFIs and MTNs? How do they partner? How do you launch successfully, build a brand, win customers, boost ARPU and minimise churn?

Our Mobile Money Transfer (MMT) conference isn’t about hypothetical business models and projections. Instead, we’ll be drawing on the experiences of the people who have “got their hands dirty” launching and marketing MMT programmes to millions of customers.

Find out more about “how the event works”, or click to view the pre-conference workshops,  latest programme and post conference workshops.