Based on assessments conducted by Italy-based MicroFinanza Rating, five organizations in Africa and Pakistan have earned the first GSMA Mobile Money Certifications, verifying their ability “to deliver secure and reliable services, to protect the rights of consumers and to combat money laundering and the financing of terrorism.” US-based Alliances Management holds a contract to operate the certification scheme for the UK-based Groupe Special Mobile Association (GSMA), whose 1,100 members include 800 telecoms operating under the Global System for Mobile Communications (GSM) standard.

MicroFinanza Rating carried out the assessments in the following locations: Cote d’Ivoire for France-based Orange; in Kenya for the locally based Safaricom; in Pakistan for the local member of Norway’s Telenor Group; in Tanzania for Tigo, a unit of Sweden’s Millicom; and also in Tanzania for Vodacom, a South African member of the UK-based Vodafone Group.

Sources and Additional Resources

Microfinanza Rating article

http://microfinanzarating.com/index.php?option=com_content&view=article&id=534%3Amfr-is-the-first-company-accredited-to-conduct-gsma-mobile-money-certification-assessments&catid=40%3Anews-home-page&Itemid=59&lang=en

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