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The correct answer is actually A: 19 percent.

The transaction cost for a mobile money withdrawal in Tanzania is 19 percent. In most countries, consumers can deposit money into their accounts for free, but withdrawing can be quite expensive, with significant country variation. Read our blog summarizing the findings of the Transaction Cost Index report.

Without evidence, decision-makers often have to guess the answers to questions like these. IPA works with researchers and our partners to generate evidence, like the Transaction Cost Index, on what works to improve the lives of people living in poverty, to help organizations and governments make informed, evidence-based decisions.