[kictanet] [Skunkworks] Kenya IGF 2011 Discussions Day 2 of 10 Mobile Payment Platforms

[Solomon Mburu Kamau]

The mobile phone payments have become one of the most innovative ways
of linking people, virtually.
However, some insights here are worthy noticing:
1. The consumers' data is bound to be misused by the service
providers. Because no one is monitoring the use of the data kept by
the providers, it becomes imperative for the providers to employ
illegal measurements, which include disclosing subsriber's identity to
third parties, who might use them to carry out malice. We've heard
cases of subscribers being victims of fraud or threats. I can attest
to two of these cases.
2. With lack of data protection mechanism, no one really knows what
happens when such data is stored with service providers. Can such data
be disclosed after a certain period, so that it becomes public
accessible?

Indeed consumer needs to be protected from any incident that might
hinder proper usage of mobilebanking efficiently.

On 03/07/2011, Barrack Otieno <otieno.barrack at gmail.com> wrote:
> Dear Listers,
>
> Mobile payment platforms continue to offer tremendous amount of
> services and innovation, with the ability to exchange, transmit and
> store data and content embedded within payments systems.
> •	What are the challenges in balancing consumer protection and
> regulatory oversight particularly regarding privacy and ownership of
> information/content and data?
> •	What is the role of policy and regulation for successful transition
> to new mobile payment channels?
>
> the floor is open, feel free to contribute to previous topics as we
> carry on with the discussion
>
>
> --
> Barrack O. Otieno
> +254721325277
> +254-20-2498789
> Skype: barrack.otieno
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