Audio By Carbonatix
Economist, Kwame Pianim is calling for stronger regulation of mobile money and mobile banking services in the country.
This follows what he describes as a worrying trend of unfair competition posed by Telcos to other service providers.
Mr. Pianim who is also the Board Chairman of Electronic payment Provider, E-Transact explains to JOY BUSINESS, mobile financial service-delivery is being unduly affected by the dual role of Telco’s.
“The telecoms companies now have mobile banking services and I don’t think its wrong but they also control connectivity for a platform such a E-Transact. So somebody has to be there to regulate that because your connectivity for others on your others on your platform should not interfere with your competition as a mobile bank. We all have to provide our services as efficiently and purposely for everybody else as possible” he said.
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