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It took 20 years for the mobile money industry to reach its first $1 trillion in annual transaction values. It took just four more to double it. But as the industry hits the $2 trillion mark, a more significant shift is happening beneath the surface. It is no longer just about who has access to a mobile wallet — it’s about how that access is driving deeper integration into the global financial ecosystem. In our latest op-ed, the GSMA's Gianluca Storchi and Ashley Olson Onyango explore why "active usage" is the new frontier for global development. Key takeaways include: ➡️ Beyond P2P: While transfers are still king, merchant payments grew by 42% last year, helping small businesses build digital footprints. ➡️ The African blueprint: Sub-Saharan Africa continues to lead the world, with transaction values rising 26% in 2025 alone. ➡️ The "so what": Cash digitization isn't just about efficiency — it’s a proven lever for reducing poverty, building economic resilience, and future-proofing markets against global shocks. The digital revolution is maturing. Is the development community ready for what comes next? Read more: https://dvx.cm/b8q7o3 Sponsored by the GSMA Mobile for Development #SOTIR #FinancialInclusion #FinancialHealth
What’s driving the mobile money payments boom
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