MobileMoney Limited (MML), also known as MTN MoMo, has achieved the prestigious Mobile Money certification from the Global System for Mobile Communications Association (GSMA).
This certification marks a significant milestone for the company and highlights its dedication to providing secure and reliable financial services to its global mobile money users.
The certification process, conducted from November 2022 to May 2023, involved a thorough assessment of MML against eight principles defined by the GSMA. These principles cover critical areas such as System Security, Data Privacy, Fund Safeguarding, and Operational Quality.
By meeting these rigorous standards, MML demonstrates its commitment to maintaining the highest levels of security, transparency, and resilience in its mobile money services.
The GSMA Mobile Money certification is a worldwide initiative that promotes trust and reliability in mobile money services. It is specifically designed to instill confidence among users and stakeholders by ensuring that certified providers meet stringent industry standards.
The Chief Executive Officer (CEO) of MobileMoney Limited, Shaibu Haruna, expressed his delight at the certification, emphasizing that it reinforces the company’s position as a global FinTech service provider.
He highlighted the substantial investments made in cutting-edge technology and expertise to drive FinTech transformation. Haruna also emphasized the importance of offering customers a globally accredited service that continues to push digital innovation forward.
As a market leader, MML remains committed to delivering high-quality financial services while building trust among stakeholders. The company aims to enhance financial inclusion by providing innovative products and services that are accessible to all.
In addition to the GSMA Mobile Money certification, MML has previously obtained the respected ISO certification (ISO/IEC 12007:2013) in 2016, which recognizes its dedication to security and adherence to international best practices for data management within corporations.