Telepin, a mobile transaction platforms, announced that their customer Tigo Tanzania received the GSMA Mobile Money Certification built on the Telepin mobile money platform.
The GSMA Mobile Money Certification defines and promotes excellence in the provision of mobile money services. It is based on independent assessments of a provider’s ability to deliver secure and reliable services, to ensure that the rights of consumers are protected and to combat money laundering and the financing of terrorism.
These efforts are measured against global industry best practice, and a pass mark of 100% is required. The purpose of the Certification is to enhance consumer trust, accelerate commercial partnerships, and set a high bar for providers to aspire to.
Tigo Tanzania received the certification following an audit by independent evaluators, confirming the Telepin platforms are compliant with the GSMA certification for mobile money providers.
The certification focused on the Telepin platform security of the mobile network and channel, while providing effective mechanisms to combat money laundering and terrorist financing. Telepin’s logging and audit trails provide detailed information for account/password management, session monitoring, as well as all money events and limits and are in line with the GSMA certification requirements of reliable and secure services.
Mobile money has given millions of unbanked people access to financial services. The GSMA Mobile Money Certification is a sign that a provider has taken steps to ensure that their funds are in safe hands, that their rights are protected and that a high level of customer service can be expected.
Edited by: Daniëlle Kruger
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