While there is a lot of euphoria around the adoption of mobile banking and mobile payments, the model has been relatively less successful barring a few countries where the right environmental factors existed. I am talking here about the delivery of financial and payment services by using the mobile device rather than its use as an access channel for internet banking etc.
In other words, not every jurisdiction needs to produce each and every good that it requires. Already,  1  At end 2014, ASEAN GDP stood at $ France and UK were are $ and $ respectively while Brazil, Russia and India were at $ $ and $ respectively. 2  “Understanding ASEAN: Seven things you need to know”. McKinsey & Company. May 2014.