Mobile Banking and Economic Growth

In this thesis I examine the effect of mobile payments on economic growth in Kenya and Tanzania. A lot of research has already been done about the economic effects of mobile banking on the household and community level, but there is no research done about the effect on macro economic level. Empirical analysis, using a panel data-set for 38 Sub-Saharan African countries between 1990-2014, shows a significant negative relation between economic growth and mobile payments.