Mandiwanzira for mobile money Indaba

INFORMATION Communication Technology, Postal and Courier Services Minister Supa Mandiwanzira will headline the third Mobile Money and Digital Payments Annual Conference, where topical issues like tariffs will be discussed.

The conference — which is slated for Harare on August 3 — brings together the key players in banking, ICT, telecommunications, payments systems and insurance.

Deliberations will centre on policies governing the sector, key industry milestones, opportunities and standards.

Some of the topics up for discussion include regulating bank charges and mobile money tariffs; the case for converged licencing framework; virtual network operators; and progress, challenges and opportunities for mobile virtual network operators.

The role of micro-insurance in financial inclusion, cloning, counterfeiting and fraud in mobile money and digital payments mitigations and collaboration to achieve market confidence, and cash shortages.

The conference comes at a time when proponents of digital currency, Bitcoin, are keen for recognition.

A Bitcoin investor and a member of the Reserve Bank of Zimbabwe’s financial inclusion (digital finance) thematic working group, Mr Taurai Chinyamakobvu, told a broadband economy conference last week that because of technology, that the character of money had changed.

He said the central bank was working on modalities for use of digital currencies.

“So when we talk of mobile money we are talking of mankind’s attempt to change money from the paper money we know of into a digital form. When you swipe it is actually paper money that is sitting somewhere but what you are transferring is digital value,” explained Mr Chinyamakobvu.

Notable industry figures expected at the Mobile Money and Digital Payments Conference include NetOne acting CEO Mr Brian Mutandiro, TeleCash head of mobile financial services Ms Violety Masunda, Barclays MD Mr George Guvamatanga, Consumer Council of Zimbabwe executive director Ms Rose Siyachitema and RBZ officials, among others.

720 total views, no views today