Impact of mobile money adoption on financial inclusion for citizens of Metropolitan Lima in 2024

Authors

  • Shirley Alexia Pinedo Guzmán Universidad Peruana de Ciencias Aplicadas
  • Linda Ariana Aldazabal Marticorena Universidad Peruana de Ciencias Aplicadas
  • Ralphi Ricardo Jauregui Arroyo Universidad Peruana de Ciencias Aplicadas
  • Carlos Alberto Azabache Moran Universidad Peruana de Ciencias Aplicadas
  • Felipe Eduardo Yong Chung Universidad Peruana de Ciencias Aplicadas
  • Julio Ricardo Moscoso Cuaresma Universidad Peruana de Ciencias Aplicadas

DOI:

https://doi.org/10.18687/LEIRD2025.1.1.242

Keywords:

Mobile wallet, mobile money, financial inclusion, digital financial services.

Abstract

This study analyzes the influence of mobile money usage on financial inclusion among citizens of Metropolitan Lima in 2024. A quantitative methodology was employed, featuring an explanatory and cross-sectional design, with surveys conducted on 254 randomly selected residents. Statistical techniques such as exploratory and confirmatory factor analysis, along with partial least squares structural equation modeling (PLS-SEM), were applied to assess the relationship between mobile money and financial inclusion. The findings reveal that mobile money has a positive and significant impact on financial inclusion, accounting for 61.7% of its variability. Therefore, it is concluded that this technology serves as a strategic tool for overcoming traditional barriers and facilitating access to financial services in urban populations.

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Published

2025-12-12

Issue

Vol. 2 No. 13 (2025): LEIRD 2025

Section

Articles

Copyright

Copyright (c) 2025 LEIRD

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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

LACCEI retains copyright of all published articles under the terms of its copyright transfer agreement. As the copyright holder, LACCEI distributes the articles to the public under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC-SA 4.0).

How to Cite

Pinedo Guzmán, S. A., Aldazabal Marticorena, L. A., Jauregui Arroyo, R. R., Azabache Moran, C. A., Yong Chung, F. E., & Moscoso Cuaresma, J. R. (2025). Impact of mobile money adoption on financial inclusion for citizens of Metropolitan Lima in 2024. LACCEI, 2(13). https://doi.org/10.18687/LEIRD2025.1.1.242

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