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

[Rehanah Mohammed]

Dear listers,
I am urgently in need of a provider for International Bulk SMS. I have an urgent need to deliver to Europe. If you are one, or know a local company that does the same, kindly ask them to call me on 0724-344198 or email me on reeh_moha at yahoo.com

The prices need to be very competative. Its a huge volume business...

Thanks
Rehanah



________________________________
From: Andrea Bohnstedt <andrea.bohnstedt at ratio-magazine.com>
To: reeh_moha at yahoo.com
Cc: KICTAnet ICT Policy Discussions <kictanet at lists.kictanet.or.ke>
Sent: Monday, July 4, 2011 7:19 PM
Subject: Re: [kictanet] Kenya IGF 2011 Discussions Day 2 of 10 Mobile Payment Platforms


Lucy, unless the CBK has outdated information on its website, yes, there is a deposit protection scheme - more info here: http://www.centralbank.go.ke/FAQs/DepositProtectionFAQs.aspx

In the case of mobile money, the mobile operator does not keep any cash itself - as far as I know, the cash is held in a trust account of a commercial bank, which then technically makes it the responsibility of the bank, not of the telco. If this is a single account, the sums is larger than what the deposit protection scheme covers, but a trust account may have a more protected status.


On 4 July 2011 17:18, Lucy Kimani <lkimani at yahoo.com> wrote:

Victor,
>
>Agreed public interest is paramount in any policy regulatory framework for example protection for the consumers by requiring the mobile companies to carry insurance in order to protect and promote public confidence in the Mobile payments.  Similar to the FDIC here in the US that insures depositors for at least $250,000 per insured bank; the FDIC identifies, monitors and addresses risks to the insurance funds limiting the effect on the economy and in case a bank fails.  Somebody correct me if I am wrong but to my surprise CBK doesn't seem to have a simillar risk management framework in place for consumer protection should a Bank fail in Kenya? 
>
>LK 
>
>
>
>________________________________
> From:  Victor Gathara <vgathara at vimak.co.ke>; 
>To:  <lkimani at yahoo.com>; 
>Cc:  'KICTAnet ICT Policy Discussions' <kictanet at lists.kictanet.or.ke>; 
>Subject:  Re: [kictanet] Kenya IGF 2011 Discussions Day 2 of 10 Mobile Payment Platforms 
>Sent:  Mon, Jul 4, 2011 12:58:11 PM 
> 
>
>Barrack,
>
>Seamless money transfer across mobile networks I think the next step in the
>rung on mobile payment ladder. This will require policy and regulation to
>get the providers to set up a sort of 'clearance house' for the providers
>and ensure that all play ball and that the consumers are protected. There
>should be a balance between rewarding innovation (read mobile phone
>companies) and taking care of public interest. 
>
>Victor
>
>-----Original Message-----
>From: kictanet-bounces+vgathara=vimak.co.ke at lists.kictanet.or.ke
>[mailto:kictanet-bounces+vgathara=vimak.co.ke at lists.kictanet.or.ke] On
>Behalf Of Barrack Otieno
>Sent: 03 July 2011 22:02
>To: vgathara at vimak.co.ke
>Cc: KICTAnet ICT Policy Discussions
>Subject: [kictanet] Kenya IGF 2011 Discussions Day 2 of 10 Mobile Payment
>Platforms
>
>
>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
>
>_______________________________________________
>
>kictanet mailing list
>kictanet at lists.kictanet.or.ke
>http://lists.kictanet.or.ke/mailman/listinfo/kictanet
>
>Unsubscribe or change your options at
>http://lists.kictanet.or.ke/mailman/options/kictanet/vgathara%40vimak.co.ke
>
>
>The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for
>people and institutions interested and involved in ICT policy and
>regulation. The network aims to act as a catalyst for reform in the ICT
>sector in support of the national aim of ICT enabled growth and development.
>
>KICTANetiquette : Adhere to the same standards of acceptable
 behaviors
>online that you follow in real life: respect people's times and bandwidth,
>share knowledge, don't flame or abuse or personalize, respect privacy, do
>not spam, do not market your wares or qualifications.
>
>
>
>_______________________________________________
>kictanet mailing list
>kictanet at lists.kictanet.or.ke
>http://lists.kictanet.or.ke/mailman/listinfo/kictanet
>
>Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/lkimani%40yahoo.com
>
>
>The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a
 catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
>
>KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
> 
>_______________________________________________
>kictanet mailing list
>kictanet at lists.kictanet.or.ke
>http://lists.kictanet.or.ke/mailman/listinfo/kictanet
>
>Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/andrea.bohnstedt%40ratio-magazine.com
>
>The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
>
>KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
>


-- 
Andrea Bohnstedt
Publisher
+254 720 960 322 

www.ratio-magazine.com
Find/post East Africa careers
Find/post conferences, workshops, trainings, other business events





_______________________________________________
kictanet mailing list
kictanet at lists.kictanet.or.ke
http://lists.kictanet.or.ke/mailman/listinfo/kictanet

Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/reeh_moha%40yahoo.com

The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.

KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://lists.kictanet.or.ke/pipermail/kictanet/attachments/20110704/cc96cfdc/attachment.htm>