Cashless or Cashlite? Mobile money use and currency redenomination in Zambia

This study examines the impact of the 2013 currency redenomination of the Zambian national currency the Kwacha on Mobile Money use in Lusaka, Zambia. The study will seek to examine the following research questions: Will a new, more portable Kwacha increase the use of cash, or will the transition to using fewer notes inspire Zambians to use the cashless alternative of Mobile Money more often?  Will the use of coins, cash and Mobile Money post redenomination be impacted by socioeconomic class? 

Sponsor: Institute of Money, Technology and Financial Inclusion

PI: Vivian Dzokoto