In August we reported that South Africa was revising their RICA provisions to prohibit mobile network operators from registering new SIM cards without first capturing the customer’s identity. We’re now seeing the first signs of how this implementation of mandatory SIM registration will impact the mobile market. MTN’s regulatory affairs executive, Zolisa Masiza, has confirmed that since August 1, there has been a 30% reduction in the sale of SIM cards. The issue of mandatory SIM registration will undoubtedly have some impact on the development of mobile money - not just in South Africa, but in markets around the world. In theory, identifying millions of mobile subscribers could aid in the deployment of mobile money…
News Tracker
- 1. Nokia Money Launches Commercial Pilot in India
- 2. Zain Wins GSMA Mobile Money for the Unbanked Award
- 3. Belgacom ICS and Globe Sign Agreement for International Remittances
- 4. Easypaisa ‘mobile account’ launched in Pakistan
- 5. Western Union Certifies mChek and Fundamo for Mobile Vendor Programme
- 5. Zain expands ‘Zap’ Mobile Commerce service to Malawi, Niger and Sierra Leone
- 6. 2010 Mobile Money Summit Announced for 24-27 in Rio de Janeiro, Brazil
- 7. WING Set to Cover all of Cambodia
- 8. Maroc Telecom Launches Mobile Money Offering
- 9. IFC Paper Released on Accelerating Development of Mobile Money Ecosystems