TITLE:
Do Mobile Payments Foster Banking Access in Rural Areas in Cameroon?
AUTHORS:
Jean De Dieu Anegue
KEYWORDS:
Mobile Payments, Financial Inclusion, Banking Access, Logistic Regression
JOURNAL NAME:
Open Access Library Journal,
Vol.12 No.4,
April
10,
2025
ABSTRACT: This paper aims to analyze the effect of mobile payments on banking in rural areas of Cameroon. Using data from the World Bank Findex Database 2021 and a logistic regression model, the results show that the adoption of mobile payments facilitates the integration of individuals into the banking system in rural areas. This study highlights the key role of mobile payments as a catalyst for financial inclusion. It then emphasizes the need to encourage their adoption and promote access to mobile technologies in order to enhance financial inclusion in rural zone and by extension, support economic growth and poverty reduction in Cameroon.