Is the uptake of Mobile Money by young people primarily because it is easier, from a paperwork perspective, to open a Mobile Money account than to open a traditional bank account? Do the same age restrictions apply? In some countries you have to be 16, 18 or even older in order to open a bank account. Do the same, if any, age restrictions apply for a Mobile Money Account?
If offered the same sign up process, would a young person choose a Mobile Money account or a Mobile Bank account?
What are the features in particular that a young person prefers in a Mobile Money account versus a Mobile Bank account? I cannot believe that there are any and therefore question the statement that young people prefer Mobile Money.
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