[kictanet] Kenya Blacklisted?- Paypal, Credit Cards

[Sean Moroney]

Dear Listers,

These issues will be discussed extensively, including in a Panel Discussion on Online & Card Transactions, at this year's AITEC Banking & Mobile Money Conference at KICC over 7-8 March. The programme is attached. Thanks to the support of our sponsors, we are able to offer some free delegate spaces to non-profit, NGO, and SME organisations. Please email me if you would like to reserve one of these delegate spaces.

Yours sincerely,

Sean Moroney
AITEC Africa

.

There is talk now of introducing locally, owner authentification through mobile so that if your card is swiped or used, before the transaction goes through, you get an SMS asking you to authorize the transaction.

Not sure where the initiative is currently.

JG

On Tue, Feb 7, 2012 at 2:51 PM, lordmwesh <lordmwesh at gmail.com<mailto:lordmwesh at gmail.com>> wrote:
Just bought a book Yesterday from amazon,and they had no issue.

But I gather that international companies don't value the African market so much since the sales revenue are too low, yet risk of business through fraud  is high. Credit card fraud is rampant in Africa and it's hard to apprehend the suspects. The legal and geographic boundaries make it hard to apprehend crooks.

Ideally, If anybody lays hands on your CC or debit card, they can do online shopping with it. And card cloning and identity theft is rampant in Africa because most of us don't know the consequences.  If the owner complains of the theft and purchase, he is entitled to a cash refund. So someone has to cushion the losses.

Often we let petrol station  and supermarket attendants dissapear with out CC. Do we know what they are doing with it?


Regards
On 7 February 2012 13:26, Walubengo J <jwalu at yahoo.com<mailto:jwalu at yahoo.com>> wrote:
Liko, others,

Might you be in the know on the above issues?  Just got wind that that international players are no longer respecting e-Transactions completed in kenya via Credit Cards issued and used in Kenyan digital space?

What may have triggered such an eventuality?

walu.


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