International records / OpenAlex research
Mobile Payment Adoption by Low-Income Households in Nigerian Slums: Enhancing Economic Activity Analysis
In Lagos's slums, low-income households face significant challenges in accessing formal financial services, hindering economic growth and social equity. Qualitative research methods were employed, including semi-structured interviews with 100 participants aged between 25 and 60, focusing on their experiences using mobile payment services like M-Pesa and Airtel Money. Mobile payments are predominantly used for small transactions (average transaction size: $3 USD) and primarily for remittances from urban areas to rural families. Use frequency varies by household income level, with higher-income …
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