Mobile money regulation could increase financial exclusion, says GSMA
African governments should balance need for higher tax collection and greater financial inclusion, argues telecoms group
27 April 2023 - 17:17
The GSMA, the global telecommunications industry body, is working to lobby African governments to create mobile money policies that produce long-term revenue streams for state coffers.
It sees present implementation as opportunistic, with the risk of deterring consumers looking for cheap financial services from making use of such platforms. ..
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