{"id":403431,"date":"2018-02-22T06:29:07","date_gmt":"2018-02-22T06:29:07","guid":{"rendered":"http:\/\/citifmonline.com\/?p=403431"},"modified":"2018-02-22T17:58:22","modified_gmt":"2018-02-22T17:58:22","slug":"mobile-money-transactions-will-strictly-monitored-ursula","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2018\/02\/mobile-money-transactions-will-strictly-monitored-ursula\/","title":{"rendered":"Mobile money transactions will be strictly monitored – Ursula"},"content":{"rendered":"
Government has announced plans to track mobile money transactions in the country to ensure that the space is kept secure from the activities of criminals.<\/p>\n
Minister of Communication, Ursula Owusu-Ekuful, stated that the government also intends to monitor the billing systems of the telecom operators in a bid to sanitize the communications sector.<\/p>\n
[contextly_sidebar id=”JuV8CoWbEsWwMTMfXYdEJbKr95qVAENy”]Speaking on the Point Blank<\/strong> segment on\u00a0Eyewitness News<\/strong> on Wednesday, the Minister said that the National Communications Authority [NCA], has met with the telcos to find the best way possible to ensure that the space is sanitized.<\/p>\n She said these actions were necessary to ensure that consumers are not shortchanged by the telcos and that mobile money transactions across the country, which involve transfers of thousands of cedis daily, are secure.<\/p>\n \u201cThe NCA has met with the Chief Technology Officers and the finance officers of the Telcos to discuss this very issue and they\u2019ve come up with a set of conditions. The NCA is also going to monitor the billing systems of these telcos,\u201d she said.<\/p>\n \u201cWe will also be implementing a system to monitor the mobile money transactions as well [for] revenue assurance and security. We don\u2019t want mobile money to be used to commit crime and we don\u2019t want it to be used to finance terrorism or criminal activity. We need to monitor the trends and see how, who, and what it\u2019s being used for.\u201d<\/p>\n