Named the region in which most often transfer funds from mobile phones

The Africa Repoort publication published the results of the report of the GSMA trading organization, in the framework of which it was named

the region in which funds are most often transferred from mobile phones. According to the source, Africa has become such a region.

It is reported that literally last year in AfricaWith the help of mobile phones, about 23.8 billion transactions were completed. So, the total amount of transfers amounted to 456 billion dollars. It is noted that compared to the same period in 2018, over the past year, the amount of transfers increased by 28%.

The publication notes that this particular regionmanaged to break a record in the sector of mobile payment systems, as the above amount is 3.5 times more than all transactions that were recorded in South Asia.