Mobile Payment Technologies and Services

Commercial scene from Djibouti, women doing mobile business

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Mobile Payment Technologies and Services
Mobile Payment Technologies and Services
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Financials
Corporate and Retail Banking
Business Model Description

Develop online payment services, including digital mobile money platforms, for facilitating cash management, and offer e-payment services on mobile phones to improve financial inclusion of excluded populations.

Expected Impact

Enhance access to financial services and e-commerce for unbanked populations and small businesses.

How is this information gathered?
Updated: 12 Nov, 2021 Date of Production: 11 Nov, 2021
Djibouti
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
10% - 15% (CAGR)
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
No Poverty (SDG 1) Decent Work and Economic Growth (SDG 8) Reduced Inequalities (SDG 10)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Industry, Innovation and Infrastructure (SDG 9) Partnerships For the Goals (SDG 17)

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Sector Sources
  • 1) Oxford Business Group. 2016. Growing participation in Djibouti's financial services sector due to greater competition. https://oxfordbusinessgroup.com/analysis/lending-opportunities-increased-competition-leads-increased-participation. 2) World Bank. 2020. Doing Business Indicator. https://www.doingbusiness.org/en/data/exploreeconomies/djibouti. 3) World Bank. March 2021. Djibouti - MSME Finance Needs Assessment and Policy Recommendations. https://documents1.worldbank.org/curated/en/289941616568791338/pdf/Djibouti-MSME-Finance-Needs-Assessment-and-Policy-Recommendations.pdf. 4) International Monetary Fund (IMF). October 2018. Technical Assistance Report - Financial Soundness Indicators Mission. https://www.imf.org/external/pubs/ft/scr/2016/cr16249.pdf. 5) World Bank. March 2021. Djibouti - MSME Finance Needs Assessment and Policy Recommendations. 6) Horn of Africa Initiative. 2020. Key Priority Projects to Deepen Regional Integration. https://hoainitiative.org/wp-content/uploads/2020/11/HoA-Initiative-KEY-PRIORITY-PILLARS-Brochure_FINAL.pdf. 7) Republic of Djibouti. 2014. Vision Djibouti 2035. http://ccd.dj/w2017/wp-content/uploads/2016/01/Vision-Nationale.pdf. 8) World Bank. March 2021. Djibouti - MSME Finance Needs Assessment and Policy Recommendations. 9) World Bank. October 2020. Djibouti Digital Foundations Project Information Document. https://documents1.worldbank.org/curated/en/854401603922890710/text/Concept-Project-Information-Document-PID-Djibouti-Digital-Foundations-Project-P174461.txt. 10) World Bank. January 2019. E-Commerce: Helping Djiboutian Women Entrepreneurs Reach the World. https://www.worldbank.org/en/news/feature/2019/01/14/e-commerce-helping-djiboutian-women-entrepreneurs-reach-the-world.
IOA Sources
  • 11) World Bank. October 2020. Djibouti Digital Foundations Project Information Document. 12) Vodafone Group. 2021. What is M-Pesa? https://www.vodafone.com/about-vodafone/what-we-do/consumer-products-and-services/m-pesa. 13) GSM Alliance (GSMA). 2021. State of the Industry Report on Mobile Money. https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2021/03/GSMA_State-of-the-Industry-Report-on-Mobile-Money-2021_Full-report.pdf. 14) Brookings Institution. July 2016. Ending Poverty with Electronic Payments. https://www.brookings.edu/wp-content/uploads/2016/07/FayeNiehausEndingPovertywithElectronicPayments.pdf. 15) First Initiative. 2021. Djibouti: Upgrading the Financial Sector Infrastructure. https://www.firstinitiative.org/stories/djibouti-upgrading-financial-sector-infrastructure. 16) World Bank. March 2021. Djibouti - MSME Finance Needs Assessment and Policy Recommendations. 17) UN Global SDG Database. 2021. SDG Indicators. https://unstats.un.org/sdgs/indicators/database. 18) Sustainable Development Report. 2021. Country Profiles: Djibouti. https://dashboards.sdgindex.org/profiles/djibouti. 19) Government of Djibouti. 2015. Strategie de Croissance Accélérée et de Promotion de l'Emploi. https://economie.gouv.dj/wp-content/uploads/de95d383afef8bcbe0a3bc609a7f5c76.pdf. 20) Republic of Djibouti. 2014. Vision Djibouti 2035. http://ccd.dj/w2017/wp-content/uploads/2016/01/Vision-Nationale.pdf. 21) Government of Djibouti, Ministry of Communications. 2021. Djibouti Numérique. https://communication.gouv.dj/pages/DetailPages/76. 22) Government of Djibouti, Ministry of Communications. Présentation du secteur des Postes et des Télécommunications. https://communication.gouv.dj/pages/DetailPages/48. 23) Presidency of the Republic of Djibouti. Loi N° 74/AN/20/8ème L portant création de l'autorité de régulation multisectorielle de Djibouti (ARMD). https://www.presidence.dj/texte.php?ID=74&ID2=2020-02-13&ID3=Loi&ID4=3&ID5=2020-02-13&ID6=n. 24) Presidency of the Republic of Djibouti. Loi N° 118/AN/15/7ème L portant création d'un Système de Paiement National, sa Réglementation et sa Surveillance. https://www.presidence.dj/texte.php?ID=118&ID2=2016-07-16&ID3=Loi&ID4=14&ID5=2016-07-31&ID6=n. 25) MasterCard, 2015. East Africa Bank Partners with MasterCard in Djibouti to Introduce the Benefits of Electronic Payments. https://newsroom.mastercard.com/mea/press-releases/east-africa-bank-partners-with-mastercard-in-djibouti-to-introduce-the-benefits-of-electronic-payments. 26) Developing Telecoms. July 2021. Ethio Telecom reports a 22% jump in subscribers to 56.2 m. https://developingtelecoms.com/telecom-technology/consumer-ecosystems/11518-ethio-telecom-reports-a-22-jump-in-subscribers-to-56-2m.html. 27) Safaricom. May 2019. 2019 Full Year Results Presentation. https://www.safaricom.co.ke/images/Downloads/Resources_Downloads/FY2019/FY2019_Results_Presentation.pdf. 28) Business Insider. August 2017. The World's 2 Billion Unbanked, in 6 Charts. https://www.businessinsider.com/the-worlds-unbanked-population-in-6-charts-2017-8. 29) Republic of Djibouti, Ministry of Communications, Accord de Partenariat entre Djibouti Telecom et l'Exim Bank. https://communication.gouv.dj/Articles/DetailArticles/132. 30) Horn of Africa Initiative. February 2021. Description of Priority Projects and Readiness. https://hoainitiative.org/wp-content/uploads/2021/03/HoAI-Project-Profiles.pdf. 31) Presidency of Djibouti. 2021. Communiqué de la 11ème Séance du Dimanche 11/07/2021. https://www.presidence.dj/conseilministresuite.php?ID=11&ID2=2021-07-11.