1、Regulatory Approaches to Managing Interest on Mobile Money Trust Accounts Impacts on mobile money,financial inclusion and sustainability in emerging marketsThe GSMA is a global organisation unifying the mobile ecosystem to discover,develop and deliver innovation foundational to positive business env

2、ironments and societal change.Our vision is to unlock the full power of connectivity so that people,industry,and society thrive.Representing mobile operators and organisations across the mobile ecosystem and adjacent industries,the GSMA delivers for its members across three broad pillars:Connectivit

3、y for Good,Industry Services and Solutions,and Outreach.This activity includes advancing policy,tackling todays biggest societal challenges,underpinning the technology and interoperability that make mobile work,and providing the worlds largest platform to convene the mobile ecosystem at the MWC and

4、M360 series of events.We invite you to find out more at Follow the GSMA on X:GSMAGSMA Mobile MoneyThe GSMAs Mobile Money programme works to accelerate the development of the mobile money ecosystem for the underserved.For more information,please contact us: X:GSMAMobileM AuthorsKennedy Kipkemboi,Publ

5、ic Policy&Advocacy Director,Mobile MoneyAcknowledgementsMarco Antonio Del Rio Chivardi Fernanda TrigoWe extend our gratitude to the interviews mentioned in the Annex fortheir valuable contribution to this research 2024 GSMAContentsExecutive summary 0401 Introduction 0602 Methodology 0803 Regulatory

6、approaches:divergent perspectives 10Perspectives from the GSMA Mobile Money RegulatoryIndex 1404 The debate over mobile money interest payments:benefits,counterarguments and global evidence 18Unpacking the debate:interest on mobile money and its impact on financial systems 19Exploring the advantages