Connecting the World

Mobile Money

Pay-Buy-Mobile
Enabling consumers to pay for goods and services via their mobile phone.
By storing a consumer’s credit/debit card within the SIM card and employing Near Field Communications (NFC) technology, the mobile phone can be passed near a contactless Point Of Sale (POS) terminal to complete transactions.

Mobile Money Transfer
Engaging with mobile operators to accelerate speed to market and encourage mass market adoption of international remittances via mobile, with an emphasis on a multilateral remittance service hub model.

Mobile Ticketing
Engaging with key stakeholders to develop SIM-based, NFC-enabled mass transportation/event ticketing services to be performed with a mobile phone. For more information contact mobilemoney@gsm.org.

Mobile Signatures
Promoting the use of the mobile phone to generate and utilise digital signatures to provide legally binding and ultimately secured transactions. For more information contact mobilemoney@gsm.org.

Mobile Money Advisory Services
Accelerating Mobile Money deployments by bringing a market leading Mobile Money advisory service to mobile operators globally in partnership with Greenwich Consulting.

Mobile Money for the Unbanked
A GSMA Development Fund programme, launched in February 2009, to accelerate the availability of mobile money services to the unbanked and those living on less than US$2 per day.