MOBILE ECO-SYSTEM IMPACT OF GHANAIAN ECONOMY

This paper focused the use of mobile phone in the banking industry its economic implications and general a look into the various forms of mobile banking on the security measures that makes the whole process safe for adoption. The mobile ecosystem is constantly changing. The roles of each other are of interest of researchers both in academia and globally various innovative uses the mobile phone to provide financial services to traditional banks. The mobile banking technology systems have implications for the general discussions about mobile telephone in the developing world. Existing study about the significance of mobile communications in the developing world has focused on voice and text messaging. More so emergence of mobile banking also underscore how innovations emerge from unexpected places and have the capability of reconfiguring the technology to its users offering a way to lower the costs of moving money from place to place and opening a way to bring more users into contact with new financial systems.