Regulatory Alerts2016-10-01
List of Beneficiaries of the Electronic Money Emission Authorization
The regulatory authority has issued a consolidated register of sixteen electronic money emission authorizations across Cameroon, Congo, Gabon, and Chad. This listing mandates the formal recognition of each designated issuer paired with its technical operator, product type (primarily Mobile Money and Prepaid VISA Cards), and precise authorization date between July 2011 and January 2014. The document establishes the definitive compliance baseline for electronic money issuance in these jurisdictions, confirming five authorized entities in Cameroon, three in Congo, four in Gabon, and three in Chad.
STATUS OF ELECTRONIC MONEY EMISSION AUTHORIZATIONS
| Country | Issuers | Technical Operator | Product Type | Authorization Date |
|---|---|---|---|---|
| Cameroon | BICEC | Orange | Mobile Money | 29/07/2011 |
| ECOBANK | MTN | Mobile Money | 29/07/2011 | |
| Afriland First Bank | MTN | Mobile Money | 29/07/2011 | |
| SGBC | Mobile Money | 02/12/2011 | ||
| UBA | GTP | Prepaid VISA Card | 12/12/2012 | |
| TOTAL | 5 | |||
| Congo | ECOBANK | MTN | Mobile Money | 29/07/2011 |
| BGFI BANK | Airtel | Mobile Money | 03/10/2011 | |
| UBA | GTP | Prepaid VISA Card | 29/08/2013 | |
| TOTAL | 3 | |||
| Gabon | BGFI BANK | Airtel | Mobile Money | 29/07/2011 |
| BICIG | Mobile Money | 11/07/2012 | ||
| UBA | GTP | Prepaid VISA Card | 29/08/2013 | |
| ORABANK | Atlantique Télécoms (Moov) | Mobile Money | ||
| UGB | Gabon Telecom | Mobile Money | 20/01/2014 | |
| TOTAL | 4 | |||
| Chad | ECOBANK | Airtel | Mobile Money | 05/03/2012 |
| ORABANK | TIGO | Mobile Money | 11/07/2012 | |
| UBA | GTP | Prepaid VISA Card | 21/05/2013 | |
| TOTAL | 3 | |||
| GLOBAL TOTAL | 16 |
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