Expansion of mobile currencies: issues and risks

In many emerging countries, the use of cell phones is becoming widespread in various commercial transactions. The evolution of this sector in Côte d'Ivoire is particularly important as cities seek to make the most of this new opportunity. For small businesses, the solutions offered by the cell phone facilitate money transfers. However, between fiat and book money, this new means of payment, issued by a private system, raises questions about the impact on the monetary base and the regulatory framework. This study analyzes the adoption of mobile financial services in Daloa and its impact on users' financial behavior. It is based on documentary research, a questionnaire survey (64 people - booth employees and mobile money subscribers), direct observation and interviews using a mixed method. This book, while presenting the Mobile Money payment facilities, draws the attention of the population and politicians to the risks of their creation and expansion.