mobile money
Digital wallet transfers
Mobile money is a system for storing, sending, and receiving money through a mobile phone, without needing a traditional bank account.
Widely used in regions with limited banking infrastructure, particularly Africa and South Asia, it allows transactions via text message or app: She paid the vendor with mobile money.
The service typically links to a phone number rather than a bank account.
- walletSmall case for currency
- transferMove between locations
- airtimeScheduled transmission period
- smartphoneHandheld connected computer
- paymentFulfilling a financial obligation
transaction · PIN · balance · top-up · agent · cash out · kiosk · remittance · peer to peer · cashless · unbanked · send · receive · fee · SMS · digital · prepaid · vendor
- financebank, CFO, banks, controller, finance
- Payment Methodscash, credit card, debit card, check, cheque
- Mobile Bankingbanking apps, digital transactions, account alerts, online banking
- money transfersbank transfer, wire transfer, fund transfer, electronic transfer, direct deposit
- African financerand, central banks
- microfinancemicrocredit, small loans, microloan, microloans, group lending
mobile moneycash
Ready spending funds
paper money · coins · banknotes · hard currency · cold hard cash
mobile, money, mobility, mobilize, mobilization, immobile, immobility, demobilize, automobile