SIG GlobDev - Global Development

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Paper Type

ERF

Paper Number

1608

Description

In recent years, mobile money fraud cases have been on a surge. Fraud causes financial losses to money mobile users and as well as dents the image of mobile money service providers. Amid fraudulent activities, service providers need to implement mechanisms or regulations that will promote users' trust in mobile money services. This may translate into an economically developed society as individuals will increasingly rely on mobile money services for transactions. However, there is little literature on the nexus between mobile money regulations, trust, mobile money fraud and economic development. This study intends to investigate this nexus using survey data from mobile money users in Ghana. Data will be analyzed using Partial Least Squares – Structural Equation Modeling. The findings from the study are intended to highlight the essence of mobile money regulations and trust on economic development in Ghana.

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Aug 10th, 12:00 AM

THE EFFECTS OF TRUST AND REGULATIONS ON MOBILE MONEY FRAUD AND ITS INFLUENCE ON ECONOMIC DEVELOPMENT.

In recent years, mobile money fraud cases have been on a surge. Fraud causes financial losses to money mobile users and as well as dents the image of mobile money service providers. Amid fraudulent activities, service providers need to implement mechanisms or regulations that will promote users' trust in mobile money services. This may translate into an economically developed society as individuals will increasingly rely on mobile money services for transactions. However, there is little literature on the nexus between mobile money regulations, trust, mobile money fraud and economic development. This study intends to investigate this nexus using survey data from mobile money users in Ghana. Data will be analyzed using Partial Least Squares – Structural Equation Modeling. The findings from the study are intended to highlight the essence of mobile money regulations and trust on economic development in Ghana.

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