Growing the mobile money ecosystem with Open APIs
summary
Mobile money hits 1 billion accounts globally (2019) with ~290 services across 95 countries and about 500 million users in South & Southeast Asia; digital transaction volume rises ~500% from 2015–2019. Growth stalls because >60% of providers use proprietary APIs, so GSMA publishes the GSMA Mobile Money API specification covering eight use cases (merchant, disbursements, international and P2P transfers, recurring payments, account linking, bill payments, agent services), offers Postman collections, a compliance test and soon a GSMA compliant mark via developer.mobilemoneyapi.io.
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chapters (7)
- 0:00Introduction
- 2:48Mobile money landscape and GSMA role
- 9:18Open APIs ecosystem growth
- 15:41API adoption fragmentation
- 17:26GSMA Mobile Money API Specification
- 20:58Resources for API adopters
- 23:27Closing and collaboration
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