MTN MobileMoney Ltd receives coveted GSMA Mobile Money Certification
MobileMoney Limited, a prominent player in the mobile financial services sector, has achieved a significant milestone by attaining the esteemed Global System for Mobile Communications Association (GSMA) Mobile Money certification. Following a rigorous evaluation process conducted between November 2022 and May 2023, MML demonstrated its adherence to the comprehensive set of criteria established by GSMA, including stringent principles related to system security, data privacy, fund protection, and operational excellence.
The GSMA Mobile Money certification is a globally recognized initiative aimed at promoting secure, transparent, and resilient financial services for millions of mobile money users worldwide. As the sole certification scheme exclusively designed for mobile money services, it plays a vital role in fostering trust among users and stakeholders in this rapidly expanding industry.
Shaibu Haruna, the CEO of Mobile Money Limited, expressed his delight at achieving this prestigious certification, affirming its significance in positioning the company as a global FinTech service provider. Haruna emphasized the substantial investments made by MML in cutting-edge technology and the cultivation of skilled professionals dedicated to driving FinTech transformation. He further highlighted the company’s commitment to delivering internationally accredited services, propelling digital innovation within the mobile financial landscape.
As a market leader, MML remains steadfast in its pursuit of enhancing the provision of high-quality financial services to its valued customers. The certification reinforces MML’s dedication to building trust among stakeholders and fostering financial inclusion through the accessibility of innovative products and services.
MML’s attainment of the GSMA Mobile Money certification follows its previous achievement of the esteemed ISO/IEC 12007:2013 certification in 2016. This internationally recognized security standard outlines best practices for data management, reinforcing MML’s commitment to upholding the highest security standards.
With its latest accomplishment, MobileMoney Limited solidifies its position as a trailblazer in the mobile financial services sector, poised to drive global FinTech advancements. The certification not only underscores the company’s unwavering commitment to security and transparency but also positions it at the forefront of delivering transformative and inclusive financial solutions.
