Survey on CrossBorder Mobile Payments Survey on CrossBorder

Survey on Cross-Border Mobile Payments

Survey on Cross-Border Mobile Payments • AFI members in 26 African countries responded • DRC, Egypt, Ghana, Guinea, Kenya, Liberia, Madagascar, Morocco, , Nigeria, Rwanda, Senegal, Tanzania, Uganda, WAEMU, Zambia and Zimbabwe. • WAEMU (West African Economic and Monetary Union): Benin, Burkina Faso, Cote d'Ivoire, Guinée-Bissau, Mali, Niger, Senegal, Togo

E-Money Cross Border Payments General Question Do exchange control, AML/CFT, or other regulations permit authorized crossborder remittance providers to:

Outsource cash-in and cash-out services? 53% DRC Guinea Kenya Nigeria Rwanda Senegal WAEMU Zambia Zimbabwe Yes No Unclear Not Applicable 29% Egypt Ghana Liberia Uganda Anonymous Madagascar Tanzania 12% 6% Morocco

Use mobile phones as a channel for cross-border payment transactions? 47% Yes No Unclear Not Applicable 35% DRC Kenya Madagascar Rwanda Tanzania WAEMU Zambia Zimbabwe Egypt Ghana Liberia Nigeria Uganda Anonymous 12% 6% Guinea Morocco Senegal

Offer mobile phone enabled cross-border payment services while operating as nonbanks? Yes 41% DRC Kenya Rwanda Tanzania WAEMU Zambia Zimbabwe Egypt Ghana Liberia Nigeria Senegal Uganda Anonymous No Unclear 12% Guinea Madagascar 6% Morocco Not Applicable

Facilitate cross-border transfers in real time? 47% DRC Kenya Madagascar Rwanda Tanzania WAEMU Zambia Zimbabwe Yes No Unclear Not Applicable 29% Egypt Liberia Nigeria Senegal Uganda 12% Ghana Guinea 12% Morocco Anonymous

Comply with exchange control related reporting requirements via a mobile phone based application? Yes No 29% Unclear Not Applicable 29% 24% DRC Guinea Kenya Madagascar Zimbabwe Egypt Ghana Liberia Nigeria Senegal 18% Rwanda Tanzania WAEMU Morocco Uganda Zambia Anonymous

Comply with AML/ CFT related recordkeeping requirements using mobile phones and electronic storage? Yes No Unclear Not Applicable 53% DRC Guinea Kenya Madagascar Rwanda Tanzania WAEMU Zambia Zimbabwe 24% Egypt Liberia Nigeria Senegal 18% 6% Morocco Ghana Uganda Anonymous

Be flexible when performing initial customer identification and verification for AML/CFT purposes? Yes 41% No Unclear Not Applicable 35% DRC Guinea Kenya Madagascar Tanzania WAEMU Egypt Ghana Liberia Nigeria Senegal Zambia Zimbabwe 18% Morocco Uganda Anonymous 6% Rwanda

Comply with ongoing AML/CFT related customer identification requirements using mobile phones? 59% DRC Ghana Guinea Kenya Madagascar Rwanda Tanzania WAEMU Zambia Zimbabwe Yes No Unclear Not Applicable 24% 18% Egypt Liberia Nigeria Senegal 6%Morocco Uganda Anonymous

Are non-bank-based e-money accounts subject to AML/CFT laws? Yes No Unclear Not Applicable 77% DRC Ghana Guinea Kenya Liberia Madagascar Morocco Rwanda Senegal Tanzania WAEMU Zambia Zimbabwe 18% 6% Nigeria 0%Egypt Uganda Anonymous

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