#1 - RESEARCH
1.  Conduct Feasibility Study The first step to implementing MFS would be to carry out extensive research, of which a feasibility study is most important
2. Take careful procedures Explore costs and time related to changes in MFI core processes. Ensure that services are tested and run smoothly with diverse groups of clients before rolling it out more broadly
3. Conduct careful assessment Understand market environment and opportunities to assess costs & benefits. Consumer behavior should also be prioritized
4. Consider NOT implementing Also consider the option of NOT implementing mobile financial services if the organization or market are not ready. Wait for new developments for more viable implementation