Wallets | |
Development | Developing |
Send or Receive |
Receive Register/Log In |
GDP ($m) |
3,929.79 Register/Log In |
HDI classification | Medium |
Mobile Connections (m) |
2.103 Upgrade to Bronze |
Currency | MNT |
Class | |
CountryISO | MN |
Sovereignity | Country |
Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["MN",2.612,134]],"options":{"title":"Countries","region":"MN","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["MobiCom",1049799],["Unitel",470472],["Skytel",315817],["G-Mobile",267250]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",103224],["Q4 2001",182097],["Q4 2002",232107],["Q4 2003",293579],["Q4 2004",446622],["Q4 2005",595929],["Q4 2006",813211],["Q4 2007",1139831],["Q4 2008",1351156],["Q4 2009",1534257],["Q4 2010",1693044],["Q4 2011",1833747],["Q4 2012",1951418],["Q4 2013",2051371],["Q4 2014",2136943]],"options":{"title":"Connections"}}
Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Agent",1],["Mobile",1],["Web",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Bank",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["BB",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["BB",1],["DW",1],["MB",1],["MM",1],["MP",1],["OP",1],["Trade",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
Central Bank | |
Key Regulations | |
Type of law |
Civil Upgrade to Bronze |
Legal System |
Civil law system influenced by Soviet and Romano-Germanic legal systems; constitution ambiguous on judicial review of legislative acts Upgrade to Bronze |
Law is based on |
Civil Code of 2002 based on German BGB Upgrade to Bronze |
Approach | |
Sectors active in Digital Money | |
Exclusivity | |
Certainty | |
Openness | |
Proportionate? | |
Allowed Models |
Bank Led Upgrade to Bronze |
DominantModel |
Bank Led Upgrade to Bronze |
E-Money |
No Emoney or mobile payment laws/regulations yet Upgrade to Bronze |
Payment | |
Agent | |
Money Transfer | |
Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",55.72],["Banked",25],["Internet",12],["Urban",57],["Adult",73],["Literate",97.2774]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
Population m | 2.61 |
Adult % | 73.00 |
Migrants % |
0.37 Register/Log In |
Stock Immigrants ('000) |
10.00 Upgrade to Bronze |
Emigration Rate % | |
Internal Migrants ('000) |
200.00 Upgrade to Bronze |
Internal Migration Rate % | |
Intl Movement Rate % | |
Urban % | 57.00 |
Female % | 54.00 |
Literate % | 97.28 |
Annual Growth % |
Mobile Penetration % | 55.72 |
Banked % | 25.00 |
Access to FS % | 25.00 |
Internet % | 12.00 |
Branches per 100k adults | 56.75 |
ATMs per 100k adults | 18.18 |
POS per 100k adults | 448.42 |
Prepaid % | 95.50 |
Prepaid SIM Registration | |
MobileUnbanked (m) | 1.09 |
Monthly ARPU |
10.74 Upgrade to Bronze |
Cards 2010 ('000) | |
Propensity % |
Overall | |
Population | |
On Remittance Sent | |
On Remittance Received | |
Mobile Unbanked | |
Migrant % | |
MP % | |
Banked % | |
Development |
Can Provide Payments? | |
Can Market under Brand? | |
Can issue E-Money? | |
Can Open Customer Account? | |
Can Own Customer? | |
Can do Cash In/Cash Out? | |
Can offer Domestic Money Transfer? | |
Can offer International Money Transfer? |
Importance for Digital Money | |
Digital Money Adoption |
Long Term Upgrade to Bronze |
Registered Wallet Users | |
Top Wallets | |
Informal Market | |
Cost To Remit | |
Key Players |