Please use this identifier to cite or link to this item: https://cris.library.msu.ac.zw//handle/11408/6086
Title: The dark side of Mobile Money Transfer : A case study of Zimbabwe: The 9th Annual ACIST Proceedings (2023), held on 14th -15th September 2023 in Harare, Zimbabwe and Virtual
Authors: Theo Tsokota
Colletor T. Chipfumbu Kangara
Melody Maseko
Midlands State University, Zimbabwe
Midlands State University, Zimbabwe
Midlands State University
Keywords: Financial Inclusion
Mobile money transfer
money laundering
Parallel market
Issue Date: 2023
Publisher: Kennesaw State University
Abstract: Mobile money transfer has been widely presented in the literature and in practice as a way to bring the poor, unbanked and backward communities into the mainstream financial system. The main objective of this paper is to provide insights into how mobile money transfer has contributed to the negative effects on Zimbabwe's economy and its citizens. Using integrative literature this study explores the how mobile money transfers have negatively affected the economy of Zimbabwe and its citizens. The findings show that mobile money, if not properly regulated, can promote money laundering, fraud and financial irregularities, which can harm the entire economy and lead to negative impact to vulnerable groups. This study contributes to the literature on financial inclusion and has provided an insight into how mobile money can be used in negative ways to destroy the economy and how it is used to exclude or inflict pain on vulnerable groups.
URI: https://cris.library.msu.ac.zw//handle/11408/6086
Appears in Collections:Conference Papers

Files in This Item:
File Description SizeFormat 
The dark side of Mobile Money Transfer.pdfAbstract5.52 kBAdobe PDFView/Open
Show full item record

Page view(s)

170
checked on Dec 13, 2024

Download(s)

50
checked on Dec 13, 2024

Google ScholarTM

Check

Altmetric


Items in MSUIR are protected by copyright, with all rights reserved, unless otherwise indicated.