Oxlink Capital Private Limited, a local company which provides financial services to both unbanked and under-banked clients, will be holding a mobile money and digital payments conference concurrently with the launch of Mobile Money Awards.
The first mobile money and digital payments conference in Zimbabwe will be held on the 27th of July 2015 in Harare at Meikles Hotel. The event will gather more than 200 industry leaders and delegates to discuss progress made over the years in developing Zimbabwe’s mobile money industry. It will also explore how the industry can be better regulated and developed as it moves into the next phase of development.
By Tongai Mwenje
Speaking to TechnoMag , Oxlink Private Limited representative said, “The goal of the conference is to bring together all the major and small players in the industry and the regulators in one room and get people to talk about problems and the future of mobile money from a regulator and players point of view.”
Mobile and electronic payments are defining the future.
Telecoms companies and banks are fierce competition that, although requiring mutual synergies, has revolutionalised the industry and resulted in faster, cheaper and convenient banking and payment services outside the traditional brick and mortar structures.
“Digital payment is more focused on the banking sector that is why banks have mobile banking services today”, the company representative added.
Telecoms companies are setting the pace in terms of providing low-cost extensive banking services even in the remotest of all locations. Now that Telecoms have bolted, are banks catching up? Is there sufficient and fair regulation in the mobile money industry and more importantly, are customers’ deposits safe? Is there scope for players to share platforms to achieve scale and sustainability? Can mobile money eventually eliminate cash?
These are some of the questions that the conference will debate and attempt to influence policy and regulation progressively in an effort to eliminate challenges that the mobile and digital payment industry is facing.
Who should attend?
– Mobile money operators
– Micro finance institutions
– Finance institutions, insurance companies
– Retailers, Technology providers, Payment processors
– Platform owners Technology Providers
– Regulators and Policy makers
– Billing companies, Municipalities etc
– SMEs, innovators and service providers active in the financial services sector
– High level managers at CEO, COO and CFO level in Banks, MFIs and Telecom Operators.
The minister of ICT, Postal and Courier Services, Supa Mandiwanzira, will be the guest of honour at the event, where the Reserve Bank of Zimbabwe governor, Dr John Mangudya, will be among the speakers across the banking and technological sector.