Mobile phone banking and low-income customers : evidence from South Africa

By Mark Pickens, Gautam Ivatury. 2006

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The impact of mobile phone penetration on African inequality (2013, background): “…nearly two million users registered with Safaricom MPESA system within a year of its nationwide rollout, Vaughan, 2007; Ivatury & Mas, 2008) and South Africa where 450, 000 people use Wizzit (‘the bank in your pocket’; Ivatury & Pickens, 2006) or one of two other national systems (Porteous, 2007).”
Mobile banking and economic development: linking adoption, impact, and use (2008, methodology): “The uptake of m-banking/m-payments systems has been particularly strong in the Philippines, where three million customers use systems offered by mobile operators Smart and Globe (infoDEV, 2006); in South Africa, where 450,000 people use Wizzit (‘the bank in your pocket’) (Ivatury & Pickens, 2006) or”
How has Mobile Phone Penetration Stimulated Financial Development in Africa? (2013, unknown): “…nearly 2 million users registered with Safaricom M-PESA system within 1 year of its nationwide rollout [Ivatury & Mas, 2008; Vaughan, 2007]), and South Africa where 450, 000 people use Wizzit (‘the bank in your pocket’; Ivatury & Pickens, 2006) or one of two other national systems (Porteous, 2007).”