Critical analysis on the law governing mobile money banking in Uganda.
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Date
2018-08
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Abstract
This Research is aimed at the critical analysis of the laws governing mobile money banking, the relationships involved in mobile money operation there in, the regulatory concerns in the mobile money sector and the risks their in. The research also focuses on the challenges, loopholes and critics with in the mobile money sector and their possible solutions there into make mobile money a success. Furthermore, Uganda’s mobile money has grown rapidly since its introduction in 2009 providing a convenient cheap and safe means of money transfer. Mobile money has spurred increased financial inclusion. The rapid growth has happened under conditions allows the first mover to reap the rewards of investments made. The roll out of mobile money services by the mobile telecommunication companies in recent years has received over whelming uptake by sought to analyze the laws governing mobile money banking operation in Uganda. Lastly the findings indicated that Uganda needs a regulatory system because it lacks laws governing the mobile money sector and a law is needed as early as possible to make mobile money sector and a law is needed as early as possible to make mobile money a success.
Description
A research dissertation submitted in a practical fulfilment of the requirements for the award of degree for bachelors of law at Kampala International University
Keywords
Critical analysis, Law governing, Mobile money banking