MobileMoney Limited (MML/MTN Momo) has successfully attained the Mobile Money certification from the Global System for Mobile Communications Association (GSMA). The assessment occurred between November 2022 and May 2023, where MML was thoroughly evaluated against eight principles established by the GSMA.
These principles encompass various aspects such as System Security, Data Privacy, Fund Protection, and Operational Excellence.
The GSMA Mobile Money certification is a worldwide initiative that promotes secure, transparent, and resilient financial services for millions of mobile money users globally. It is the only global certification program tailored for mobile money services, fostering trust among users and stakeholders.
Expressing his delight regarding the certification, Shaibu Haruna, the CEO of Mobile Money Limited, emphasized that this achievement validates their commitment to establishing Mobile Money Limited as a prominent global FinTech service. The company has substantially invested in cutting-edge technology and the expertise to drive FinTech transformation. They are thrilled to offer their customers a globally recognized service that propels digital innovation.
As a frontrunner in the market, MML remains dedicated to enhancing the provision of high-quality financial services, building trust among stakeholders, and promoting financial inclusion by making innovative products and services accessible to all.
In 2016, MML received the esteemed ISO certification (ISO/IEC 12007: 2013 certification), an internationally recognized security standard outlining best practices for corporate data management.
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Source: Omanghana.com