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Madagascar

Kenya mobile money

Scheme name: Kenya mobile money

IIPS Type: Mobile money

Inclusivity level: Basic

Year of establishment: 2016

System owner: None (bilateral agreements between EMIs)

Overseer: Central Bank of Madagascar

Operator: None (bilateral agreements between EMIs)

Total Participants: 4

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CategoryKenya mobile money
Geographic reachDomestic
Geographic descriptionMadagascar
Scheme governanceNone (bilateral agreements between EMIs)
Settlement agentCentral Bank of Madagascar
Participants - commercial banks0
Participants - MMOs4
Participants - non-bank PSPs0
Participants - MFIs0
Volumes 2018-
Volumes 2019-
Volumes 2020358,831,988
Volumes 2021513,677,905
Values 2018- USD
Values 2019- USD
Values 20205,651,826,529 USD
Values 20217,604,396,347 USD
Values 202210,224,077,794 USD
GNI14,172,186,401
GNI (%)72%
Interoperability arrangementMultilateral
Ownership modelParticipant-owned
Governance TypologyPrivate association
Messaging standardN/A
Types of proxy IDsMobile number
Use of open APIsN/A
QR code standard N/A
Pro-poor governanceYes
CB governance involvementNo
Expanded use casesNo
Minimum channel functionalityYes
Minimum use case functionalityYes
All licensed PSPs can participate (all-to-all interoperability)No
RecourseNo
Not-for-lossNo

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