Victor, Agreed public interest is paramount in any policy regulatory framework for example protection for the consumers by requiring the mobile companies to carry insurance in order to protect and promote public confidence in the Mobile payments. Similar to the FDIC here in the US that insures depositors for at least $250,000 per insured bank; the FDIC identifies, monitors and addresses risks to the insurance funds limiting the effect on the economy and in case a bank fails. Somebody correct me if I am wrong but to my surprise CBK doesn't seem to have a simillar risk management framework in place for consumer protection should a Bank fail in Kenya? LK

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From: Victor Gathara <vgathara@vimak.co.ke>;
To: <lkimani@yahoo.com>;
Cc: 'KICTAnet ICT Policy Discussions' <kictanet@lists.kictanet.or.ke>;
Subject: Re: [kictanet] Kenya IGF 2011 Discussions Day 2 of 10 Mobile Payment Platforms
Sent: Mon, Jul 4, 2011 12:58:11 PM

Barrack, Seamless money transfer across mobile networks I think the next step in the rung on mobile payment ladder. This will require policy and regulation to get the providers to set up a sort of 'clearance house' for the providers and ensure that all play ball and that the consumers are protected. There should be a balance between rewarding innovation (read mobile phone companies) and taking care of public interest. Victor -----Original Message----- From: kictanet-bounces+vgathara=vimak.co.ke@lists.kictanet.or.ke [mailto:kictanet-bounces+vgathara=vimak.co.ke@lists.kictanet.or.ke] On Behalf Of Barrack Otieno Sent: 03 July 2011 22:02 To: vgathara@vimak.co.ke Cc: KICTAnet ICT Policy Discussions Subject: [kictanet] Kenya IGF 2011 Discussions Day 2 of 10 Mobile Payment Platforms Dear Listers, Mobile payment platforms continue to offer tremendous amount of services and innovation, with the ability to exchange, transmit and store data and content embedded within payments systems. .    What are the challenges in balancing consumer protection and regulatory oversight particularly regarding privacy and ownership of information/content and data? .    What is the role of policy and regulation for successful transition to new mobile payment channels? the floor is open, feel free to contribute to previous topics as we carry on with the discussion -- Barrack O. Otieno +254721325277 +254-20-2498789 Skype: barrack.otieno _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/vgathara%40vimak.co.ke The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications. _______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke http://lists.kictanet.or.ke/mailman/listinfo/kictanet Unsubscribe or change your options at http://lists.kictanet.or.ke/mailman/options/kictanet/lkimani%40yahoo.com The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development. KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.

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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.

KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.