1 / 5

The 5 th Annual African Dialogue Consumer Protection Conference

The 5 th Annual African Dialogue Consumer Protection Conference. Livingstone Zambia. These views are mine and don’t reflect the official position of Seychelles FTC. The Seychelles Mobile Market . Seychelles has a population of 90,000 There are 2 Mobile Service Providers

yakov
Download Presentation

The 5 th Annual African Dialogue Consumer Protection Conference

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The 5th Annual African Dialogue Consumer Protection Conference Livingstone Zambia These views are mine and don’t reflect the official position of Seychelles FTC

  2. The Seychelles Mobile Market • Seychelles has a population of 90,000 • There are 2 Mobile Service Providers • There are 139,171 Mobile Subscriptions • Moreover, 8,045 are subscribed to mobile broadband services

  3. Online Payment • Online purchasing is on the rise in the Seychelles • Unfortunately laws and regulations need to be enacted to protect consumers from unfair trade practices • Consumer Protection under S.28 makes provision for distance selling regulations but these regulations are yet to be drafted

  4. Mobile Payment • Mobile payment is yet to be introduced in the country (MPOS) • Telecom companies have expresses their interest to provide such services • The mobile payment project is a private sector driven project within the ambit of the payment system modernization • The initiated country-wide mobile payment solution is expected to bring about further enhancements to the payment systems in Seychelles • Expected to go live in 2014

  5. Mobile Payment (cont’d) • The Central Bank was given approval by Cabinet of Ministers to draft new laws to govern this payment system, since existing laws have certain limitations to regulate Mobile Payment • A draft directive has been issued and needs to be finalized • New laws should seek to protect consumers from unfair trade practices

More Related