The Telecom regulator in Guinea announced new measures to reorganize the e-payment sector. The decision follows the adoption last December 9 of a new law on e-transaction in the country.
Arpt established several specifications to prevent abuse and defined a guideline for the sector’s players. They include providers of mobile money solutions, mobile banking, electronic payments, electronic cards, e-commerce, and online banking transactions. The regulator also planned fees to be collected by the State.
During a press conference last December 6, Yacouba Cissé (pictured), MD of Arpt, explained that the new regulatory measures being developed will allow the State to ensure better regulation of the electronic payment activity, "particularly on aspects related to the protection of personal data of users, network security, certification of information systems of operators and certification of electronic payments.”
Let’s recall that the Guinean government adopted last December 9 a Decree D/2021/0196/PRG/CNRD/SGG on the regulation of electronic transactions in the Republic of Guinea. In its Article 5, the decree stresses that Arpt has administrative police powers and the authority to carry out a regular and complete audit or to certify networks and information systems of legal persons, public or private law established and operating in electronic transactions in the Republic of Guinea.
Karamo Kaba, the director of regulation and electronic transaction of the Arpt, reassured during the Dec 6 press conference that the new measures are part of "a mission of supervision and not sanctions.”
Muriel Edjo
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...
Niger, Morocco sign agreements to boost education, vocational training Talks focus on human capital amid high dropout, capacity...
Ukraine explores wheat flour production project in Ghana following 2025 cooperation deal; Ghana’s wheat imports surge 56.7% to 1.09 million tonnes in...
Heath Goldfields secures $65 million financing from Trafigura Funding supports Bogoso-Prestea mine after production resumed Deal includes...
Nigeria, Nestlé sign MoU for dairy training center in Abuja Center to train farmers in breeding, milking, and farm management Initiative aims boost...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...