Mobile Banking on the Increase in Developing

Countries
Mobile banking is becoming more and more popular in countries of the Third World.
While in developed countries almost all people have bank accounts, only a small part of
the population in underdeveloped countries has access to banks.

In mobile banking, a person who wants to send money does so by sending the amount
via text to the receiver’s phone number. The person who receives the money goes to an
authorized local shop and withdraws the cash.

There are many examples of mobile banking in the Third World. Hospitals in Tanzania
send money to women so that they can pay for the bus fare to the hospital. In
Afghanistan, the government pays its policemen by mobile phone. Coffee plantation
owners in East Africa send workers their money via text.

Mobile banking has become popular where there are few banks but where most of the
people have a mobile phone. The potential market is especially large in South America
where only 35% of the people have bank accounts but 90% have mobile phones.

Many mobile phone companies are taking over banking services in underdeveloped
countries. In the last two years, almost one million people in six African countries have
signed up with European mobile operator Orange. In Kenya and Tanzania, British
operator Vodaphone has 20 million customers who send money to other people in the
country and abroad.

In Pakistan, Norwegian mobile phone company Telenor has been offering mobile
banking since 2008. People can withdraw money at almost 11,000 shops throughout the
country. Pakistan itself has only a little over 8,000 banks. Money transfers are limited to
$120, with Telenor taking 5% of the amount.

The number of mobile banking customers is expected to rise in Third World countries
from currently 60 million to almost a billion in 2015. Over 80% of these costumes live in
Latin America, Africa, and Asia.

In the developed world mobile banking has not become a serious option because most
customers have bank accounts and transfer their money via Internet banking. As more
and more Americans and Europeans buy smartphones mobile banking will probably
increase.
True or False

1. In the last two years, almost one million people in six African countries have signed
up with European mobile operator Orange.
2. In Pakistan, money transfers via mobile banking are not restricted.
3. In developed countries mobile banking is a serious choice.
4. In developed countries almost everyone has mobile banking compared to bank accounts
5. a person who wants to send money does so by sending the amount via text to the
receiver’s phone number in mobile banking.
6. Coffee plantation owners in East Africa send workers their money via text.
7. Norwegian mobile phone company Telenor has been offering mobile banking since
2015.
8. The government pays its policemen by mobile phone.
9. In Kenya and Tanzania, customers send money to other people in the country.
10. The number of mobile banking customers is expected to rise in Third World
countries.
Kunci Jawaban

1. T
2. F ( In Pakistan, Money transfers are limited to $120, with Telenor taking 5% of the
amount.
3. F (In the developed world mobile banking has not become a serious option
because most customers have bank accounts and transfer their money via
Internet banking)
4. F (in developed countries almost all people have bank accounts, only a small part
of the population in underdeveloped countries has access to banks)
5. T
6. T
7. F (Norwegian mobile phone company Telenor has been offering mobile banking
since 2008)
8. T
9. F (In Kenya and Tanzania, British operator Vodaphone has 20 million customers
who send money to other people in the country and abroad)
10. T
Vocabularies
 access = the right or possibility to use something
 amount = sum
 an authorized = official, allowed
 bank account = an agreement where a customer can pay in and take out
money at a bank
 billion = a thousand million
 bus fare = the money that you have to pay to ride a bus
 cash = money
 currently = right now
 customer = person who buys something or uses a company’s services
 developed countries = rich countries in Europe and North America, as well as
Japan and Australia
 especially = very
 expect = will probably
 government = the people who rule a country
 increase = go up
 limited = here: not more than
 local = in the area
 mobile banking = to make money transfers through your mobile phone
 offer = here: sell to people
 operator = company
 option = possibility, offer
 owner = a person who possesses or has something
 popular = liked by many people
 potential = possible
 receive = get
 receiver = a person who gets the money
 rise = go up
 serious = important, good
 service = help that a company gives you
 sign up = to start being a customer and use the services
 smartphone = mobile phone that has its own operating system and works like a
small computer
  throughout = in all of
 transfer = send
 an underdeveloped country = poor country in Asia, Latin America, and Africa
 via = through, by way of
 while = although
 withdraw = get, take out

Terjemahan
Perbankan Mobile pada Peningkatan di Negara Berkembang

Perbankan mobile menjadi semakin populer di negara-negara Dunia Ketiga. Sementara

di negara-negara maju hampir semua orang memiliki rekening bank, hanya sebagian
kecil dari populasi di negara-negara terbelakang yang memiliki akses ke bank.

Dalam mobile banking, seseorang yang ingin mengirim uang melakukannya dengan
mengirimkan jumlah melalui teks ke nomor telepon penerima. Orang yang menerima
uang pergi ke toko lokal yang berwenang dan menarik uang tunai.

Ada banyak contoh untuk mobile banking di Dunia Ketiga. Rumah sakit di Tanzania
mengirim uang kepada wanita sehingga mereka dapat membayar ongkos bus ke rumah
sakit. Di Afghanistan pemerintah membayar polisi dengan ponsel. Pemilik perkebunan
kopi di Afrika Timur mengirimkan uang kepada pekerja melalui SMS.

Perbankan mobile telah menjadi populer di mana ada beberapa bank tetapi di mana
sebagian besar orang memiliki ponsel. Pasar potensial sangat besar di Amerika Selatan
di mana hanya 35% orang memiliki rekening bank tetapi 90% memiliki ponsel.

Banyak perusahaan telepon seluler mengambil alih layanan perbankan di negara-

negara terbelakang. Dalam dua tahun terakhir hampir satu juta orang di enam negara
Afrika telah mendaftar dengan operator seluler Eropa Orange. Di Kenya dan Tanzania,
operator Inggris Vodaphone memiliki 20 juta pelanggan yang mengirim uang ke orang
lain di negara ini dan di luar negeri.

Di Pakistan, perusahaan telepon seluler Norwegia, Telenor, telah menawarkan layanan

mobile banking sejak 2008. Orang-orang dapat menarik uang di hampir 11.000 toko di
seluruh negeri. Pakistan sendiri hanya memiliki sedikit lebih dari 8.000 bank. Transfer
uang dibatasi hingga $ 120, dengan Telenor mengambil 5% dari jumlah.

Jumlah pelanggan mobile banking diperkirakan akan meningkat di negara-negara Dunia

Ketiga dari 60 juta saat ini menjadi hampir satu miliar pada tahun 2015. Lebih dari 80%
dari pelanggan ini tinggal di Amerika Latin, Afrika dan Asia.
Di negara maju mobile banking belum menjadi pilihan serius karena sebagian besar
pelanggan memiliki rekening bank dan mentransfer uang mereka melalui internet
banking. Karena semakin banyak orang Amerika dan Eropa membeli smartphone,
mobile banking mungkin akan meningkat.