1. Business Transformation and Mobile Money
Biswas Dhakal
CEO (F1Soft)
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

2. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges
Trends
12/12/2011
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges

3. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011
What, Why and How?
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

4. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011
What Mobile Money is?
Mobile money a suite of financial services offered through mobile phones and other handheld mobile devices.
These services can include
Person-to-person transfer of funds, such as domestic and international remittances
Person-to-business payments for the purchase of a range of goods and services, and
Mobile banking, through which customers can access their bank accounts, pay bills, or deposit and withdraw funds.
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

5. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011
Why Mobile Money?
Mobile Money provides enormous potential for development impact
Cash Less Transaction provides flexibility to FI’s for investment in development sector (Hydropower and Mega Projects, which provides opportunity for creating more jobs)
Increase the efficiency of Human Resource and focused on core responsibilities
Reaching the unbanked economy
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

6. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011
How Mobile Money?
“Simple Value Proposition” Cheaper, Easier and Secure “If you built it – They will use it”
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

7. Mobile Money Ecosystem
MFS
MNOs
Banks
Agents
Utility Providers
Regulators
International Financial Institutions
Civil Society
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

8. Resources of Mobile Money
190+ financial institution
6,000+ agent based networks
1,200+ ATM outlets
500,000+ Mobile Banking Users
1,000+ merchants
1.2M+ mobile subscribers
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

9. Utilization of Resources
Provides competitive advantage to set yet another example on mobile business after M-Pesa & G-Cash
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

10. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011
Example
Cash out from mobile using
Agents network of 2500+
1200+ ATM outlets
600+ Bank branch location
Direct Deposit in 1M+ bank-accounts
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

11. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011
Impact
More business opportunities and more jobs
Improve the way of doing business
Technology advancement
Overall economy development
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011

12. Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011
Thank you
Biswas Dhakal
CEO (F1Soft)
Cell:
Mobile Ecosystem in Nepal: Exploring Opportunities and Challenges 2011