Abstract:

Financial inclusion refers to the act of ensuring that all the citizen sin a country are connected to a well – functioning financial or payment system, especially those citizens who live in rural areas and are mostly under privileged. This includes the provision of traditional banking products and services, credit facilities that are affordable and specially designed for low income earning individual, small and medium scale enterprises and other relevant financial products and services.

The aim of this study is to assess Ghana’s ability to achieve financial inclusion through mobile money. Using MTN mobile money as case study, the researcher reviewed literature of other authors and researchers collected from secondary sources such as newspapers, research papers, online articles, books, journals, reports, dissertations etc.

Findings from the literature review showed that the introduction of mobile money in the country has contributed immensely and in various ways to achieving financial inclusion in the country.

Keywords: Payment systems, Financial, products, financial inclusion, mobile money, country, services, mobile phone, transfers, remittance.

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