Rwanda sets mobile phone payment guidelines

Rwanda's Central Bank has set guidelines for mobile phone payment systems that will cater for safety, integrity, efficiency and reliability according to a notice on its website, reports The New Times.

With the aim of promoting safety and effectiveness of mobile payment schemes, the National Bank of Rwanda is carrying out research to ensure that the company’s infrastructure is strongly protected and secured. Currently it is only MTN Rwandacell that is licensed for mobile payments.

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emily | 8:20 PM | SMS and Banking |
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