West Africa’s new mobile money rules could change who holds deposits

T2Covered by 1 source · first reported by Africa: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn at 13 Oct, 11:02 UTC

West Africa's central bank has doubled the amount customers can hold in mobile money wallets to FCFA 4 million ($6,850), while raising monthly top-up limits and relaxing rules on how issuers manage customer funds. The changes, which take effect on November 2, could make mobile wallets more useful…

Sources

• T2West Africa’s new mobile money rules could change who holds depositsAfrica: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn13 Oct, 11:02