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(IT-NEWSWIRE.COM, January 18, 2019 ) Latin America's mobile subscriptions reached 112% of population in 2017. However, only 11% of the total population are mobile money users. In the region, MFS has not reached significant scale yet due to low awareness of MFS, security concerns over mobile payments, and low broadband penetration.
By Top Companies : Telefonica, America Móvil, Telcel, Tigo, Millicom, Vivo Brazil, Western Union, Paypal, Mastercard
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It provides in-depth analysis of the following-
-Section 1: Mobile Financial Services: Portfolio: This section provides an overview of the core portfolio of mobile network operators' mobile financial services.
-Section 2: MFS in Latin America: This section looks at the recent development and the current state of mobile financial services in the region while also providing a closer look at market conditions of MFS adoption.
-Section 3: Case studies: This section looks at a total of two MFS case studies from Latin America giving insight into mobile network operators' strategies and ambitions .
-Section 4: Key findings: it consists of a summary of key findings and recommendations for the Latin America mobile financial services market.
Scope
-Given that the vast majority of Latin American countries fall under undeveloped markets, the opportunity for telcos to offer consumers mobile financial products is still present. No country in the region presents a penetration above 50% of Mobile Money Users.
-The lack of smartphones and mobile broadband altogether create a high barrier to entry in the MFS market. Although smartphone penetration reached 68% of the population in Latin America, only 55% of people have access to mobile broadband
-Upper middle income countries are significantly different from middle income countries in terms of the MFS market as these countries show the highest account ownership within the traditional banking system.Telcos generally play a small role or size a less lucrative opportunity in MFS. As a result MFS are being adopted at a slower rate.
Reasons to buy
-Offers a comprehensive and detailed understanding of mobile financial services (MFS) opportunities in the Latin America markets.
-The report investigates MFS trends, milestones, and competitive attributes, looking in particular at the various drivers and inhibitors in the Latin America region.
-To study Latin America's most competitive MNO MFS provisions, in order to inform strategic decision-making.
-The report discusses commercial and technical developments in the wider mobile money market and what these developments might mean for the future.
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Table of contents
List of exhibits
Executive summary
Section 1: Mobile Financial Services (MFS) Portfolio
Definition and Evolution
MFS portfolio definition
MFS market evolution and current market phase
Section 2: MFS Opportunities for Telcos in Latin America
Key drivers and inhibitors enabling MFS success for telcos
Market conditions conducive to MFS adoption
Section 3: Case studies
Tigo's Paraguay experience
Telcel's partnership with Paypal
Section 4: Key findings and recommendations
Key findings and recommendations
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ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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