When it comes to interoperability, MFSs still have a long way to go. Currently, they cannot ‘talk’ to one another and customers on one network cannot pay people using another network. Being a relatively nascent market hasn’t prevented the mobile financial service (MFS) industry from making great advancements in recent years.
Digital financial inclusion for the poor is now happening nowadays but still, the consumer is facing problem on payment. While traditional microfinance and banks remain important, the potential of using new technology-based platforms to serve the poor is huge. In particular, mobile network coverage and the use of a variety