Telecom

Guinea: Arpt sets new measures to regulate e-payment sector

Guinea: Arpt sets new measures to regulate e-payment sector
Friday, 17 December 2021 17:11

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

On the same topic
Tunisia has digitized about 3.6 million documents out of 5.2 million archive boxes. Authorities identify audiovisual archives as a priority due to...
15 Nigerian states scrap telecom right-of-way charges to boost fiber rollout Policy linked to faster expansion and improved network quality 21 states...
Libya NOC explores private-sector partnerships in refining and downstream sectors Talks target capacity expansion, gas use optimization, and reduced...
Burkina Faso engages Italian investors to advance digital transformation plans Talks focus on drones, data systems, and public-private...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
03

Ecobank Transnational Incorporated asked shareholders to vote on a $500 million Tier 2 Eurobond...

Ecobank Calls Vote on a New $500 Million Bond, With Eyes on a June 2026 Capital Cliff
04

Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captu...

“Private Investors Are Not Philanthropists: Risk Must Be Shared” — Tarek Toko Chabi, BOAD
05

Funding part of $250 million raise to boost investor confidence Fintech expands services, pr...

Nigeria Approves $75 Million Investment in Flutterwave Ahead of NGX Listing
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.