New Quality Assurance Initiative To Support Mobile Money Ecosystem in Developing Countries
6th May, London: GSMA, the global organisation unifying the mobile ecosystem, recently launched a Mobile Money API Compliance Verification Service; a quality assurance initiative which aims to reduce the complexities associated with scaling API integrations in the rapidly growing mobile money market. The service, which will be free for companies providing mobile money services, is intended to support the growth of a trusted mobile money ecosystem in developing countries.
Africa leads the world in the adoption of mobile money services, and several African companies are the first mobile money API providers to enrol in the service. Sasai Fintech, with operations in Zimbabwe, Burundi and Lesotho, is now compliant with the GSMA Mobile Money API specification. AfriMoney will soon deploy their compliant APIs in Sierra Leone, DRC and the Gambia, alongside their technology partner, Comviva, which is also complying via their Mobiquity Pay mobile money platform.
In a statement, AfriMoney's Group Director, Andy Widmann said By working with the GSMA to comply with their Mobile Money API compliance verification service, we believe we can reduce the costs and time normally associated with API integrations. We also believe that this will make it easier for third-party providers to partner with AfriMoney, thereby supporting further development of the digital ecosystem in our markets and increasing the number of products and services available to our customers.
Mobile money continues to surge worldwide, with the amount of money being processed by the industry now passing the $1 trillion mark, according to the GSMA's latest State of the Industry Report on Mobile Money. Mobile money services can provide valuable support to communities, close societal divides, and deliver financial independence. The ability to conduct more complex financial transactions via mobile money meant the value of mobile money payments grew by 31% in 2021.
Digital payment and fintech businesses continue to spur innovation, inclusion, and growth across the world. API integration is a key step in empowering consumers and businesses by simplifying integration and scaling the financial ecosystem. With our compliance against the GSMA's Mobile Money API verification, we look forward to further strengthening our proposition to digital payment providers worldwide for delivering financial services solutions simply, securely and quickly , commented Manoranjan Mao' Mohapatra, Chief Executive Officer at Comviva.
The new compliance service was developed by the GSMA's Inclusive Tech Lab, which takes a hands-on approach to research, testing and development of the inclusive technologies of the future. The Mobile Money API is an initiative developed through collaboration between the mobile money industry and the GSMA, aimed at helping the mobile money industry speak the same technical language by providing a modern harmonised API for mobile money transactions and management that is both easy to use and secure.
API providers who can demonstrate compliance will benefit from enhanced trust in their solutions by proving adherence to best practices in flexibility, scalability and security, helping them to attract third-party service providers to their platform. Third-party service providers who wish to integrate with the API provider will in turn benefit from greater confidence and clarity during the integration process, and greater prospects for scale upon integration.
The GSMA's Chief Technology Officer, Alex Sinclair, further commented on the benefits this new service will bring to the industry: The GSMA is committed to supporting financial inclusion by encouraging the growth of a thriving ecosystem around Mobile Money platforms. This new service will enable all service providers to connect with each other in a simplified manner and reduce the lengthy and cumbersome Mobile Money API integration process.
As more ecosystem players become compliant with a standard API specification, the more opportunities exist to scale solutions and grow the ecosystem. Enhanced use cases can range from governments and NGOs distributing cash, to fin-tech companies providing cross-border remittances. If a solution is compliant it can integrate more easily with other compliant solutions, enhancing its potential to function across markets, systems and contexts. The service is open to any API provider who wishes to comply with the GSMA Mobile Money API. This includes mobile money operators, technology platform providers, and service providers.
We are delighted to have the GSMA Mobile Money API compliance mark of approval for merchant payments and bulk disbursements for the Sasai Super App. With this verification, we believe we will be able to simplify our integration process for partners and help more customers access our services. Owen Takadiyi, Chief Marketing Officer, Sasai Fintech.
A GSMA Mobile Money API Compliant' mark will be granted to API providers that demonstrate compliance with this industry specification. Compliance is determined by establishing that an API provider has implemented the API for use cases which are relevant to their business, and that they have met baseline security conformance for operational and API security.
For companies interested in becoming API compliant, the GSMA has also recently launched a new API Developer Portal, providing all the tools needed to embark on the compliance journey.
-ENDS-
About GSMA
The GSMA is a global organisation unifying the mobile ecosystem to discover, develop and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry, and society thrive. Representing mobile operato
Most recent headlines
06/10/2025
France T l visions, France's leading broadcaster, has received the 2025 EBU ...
04/09/2025
Monumental Sports & Entertainment (MSE), in collaboration with Dalet, has been a...
30/08/2025
WASHINGTON The Federal Communications Commission has adopted its FY 2025 Regulatory Fees Order that establishes the regulatory fee rates for the broadcast stati...
29/08/2025
Australian Red Cross and SBS launch training to help workplaces in the fight aga...
29/08/2025
The National Film and Video Foundation (NFVF), an agency of the Department of Sp...
29/08/2025
L3Harris Technologies has concentrated decades of expertise across the entire enterprise to develop affordable and reliable best-of-breed solutions to rapidly c...
29/08/2025
BURBANK, Calif. The CW Network and the Pac-12 Conference have announced a new media rights deal that will extend their broadcast partnership beginning with the ...
29/08/2025
NEW YORK Gracenote has released a new analysis of its global video dataset showing that the number of FAST channels grew nearly 14% from Q1 2025 and 76% since 2...
29/08/2025
SAN JOSE, Calif. Harmonic has announced a series of improvements to its live sports streaming solution that the company said will improve fan engagement, protec...
29/08/2025
NEW YORK and LOS ANGELES Fox Corp. and YouTube TV last night announced a renewal of the full portfolio of Fox networks, including Fox News Channel, Fox Business...
29/08/2025
Budapest, Hungary, August 2025 - The integration of Microsoft Teams Rooms (MTR) with Lightware's Taurus universal matrix switchers delivers a new level of f...
29/08/2025
Frequency, the engine behind many of the world's best-known streaming television channels, today announced it will launch Studio Live, a next-generation uni...
29/08/2025
In an era when AI and cyber resilience are essential, Scality will mark the 10th anniversary of Scality Day on October 16, 2025 in Paris. This flagship global e...
29/08/2025
Disguise's In-House Creative and Technical Teams Pre-Visualised, Programmed and Delivered Content for the Experience, All Powered by EX 3+
Technology solu...
29/08/2025
Disguise will be demonstrating the latest workflows for TV, film and live events on a number of partner booths at the show
Disguise, the industry-leading tech...
29/08/2025
STOCKHOLM, Sweden Accedo will showcase Accedo Compose, its AI agent-powered modular orchestration layer that assists streaming providers in transitioning client...
29/08/2025
LOS ANGELES Cineverse has announced that it is working with Xperi to bring four of its streaming channels to automobiles for the first time as part of the DTS A...
29/08/2025
DALLAS & ATLANTA Gray Media has announced an agreement with the sports streaming service Victory+ to simulcast 17 Dallas Stars NHL games in 15 television market...
29/08/2025
NEW YORK AND CULVER CITY Comcast NBCUniversal and Amazon have announced new and extended distribution agreements that will expand the content available on their...
29/08/2025
FOOTHILL RANCH, Calif. RED Digital Cinema will feature its Cine-Broadcast Module supporting live broadcast workflows during IBC2025, Sept. 12-15, at the RAI Ams...
29/08/2025
29 Aug 2025
Kyivstar Rings Opening Bell at Nasdaq Marking Landmark Listing and ...
29/08/2025
More than half of all NFL games live on Sky for the first timeFriday 29 August 2025
Sky Sports has announced a new three-year deal with the NFL, extending its ...
29/08/2025
Back to All News
RIV4LRIES: The Trailer of the New Series With Samuele Carrino ...
29/08/2025
Get ready for an inspiring and emotional insight into the world of competitive Irish dancing with My Story: Tomi Champion of the World airing on RT 2 this monda...
29/08/2025
RT has today announced that David McCullagh is to be the new presenter of RT Radio 1's flagship Today programme, which airs every weekday at 10am, replaci...
28/08/2025
By Kristin Feeley, Director, Documentary Film & Artist Programs
If you want to tell untold stories, if you want to give voice to the voiceless, you've got ...
28/08/2025
Directed by Steven Bognar and Julia Reichert, Sundance Institute-supported Amer...
28/08/2025
Corridos have been a cornerstone of M sica Mexicana for generations, telling stories rooted in everyday life. Now, a new chapter is taking shape: motivational c...
28/08/2025
Los corridos han sido un pilar de la M sica Mexicana durante generaciones, contando historias enraizadas en la vida cotidiana. Ahora, un nuevo cap tulo est tom...
28/08/2025
Earlier this month, we promised our Verano Forever party would bring the heat, a...
28/08/2025
L3Harris will provide the Polish F-16V fleet with the Viper Shield electronic warfare system as part of an upgrade program....
28/08/2025
Bilbao, August 26, 2025 - AgileTV, an international television and video technol...
28/08/2025
Ken Wilkinson is an Emmy Awards nominated New York audio engineer who specialises in production sound mixing for film, commercial, episodic and documentary work...
28/08/2025
NEW YORK FuboTV today announced that it will launch Fubo Sports, a skinny bundle that focuses on sports with a subscription price of $56 monthly....
28/08/2025
NEVADA City, Calif. At IBC2025, Sept. 12-15 at the RAI Amsterdam, Telestream will debut its new Global Ingest strategy, introducing a next-generation ingest arc...
28/08/2025
Dr. Rhoda Bernard Releases Groundbreaking Debut Book on Accessible Arts Educatio...
28/08/2025
TAG Video Systems, the leader in software-based IP end-to-end workflow monitoring, deep probing, and real-time visualization, has named Oliver Gappa as Sales Di...
28/08/2025
AI-based voice enhancement will be among a series of innovations making their IBC 2025 debut on the DHD stand B46 in Hall 8 at the RAI Amsterdam Convention Cent...
28/08/2025
Telef nica Servicios Audiovisuales (TSA), the leading system integrator and service provider in the media sector in Spain, with the support of Appear, the globa...
28/08/2025
To fully immerse sailing fans in the world's biggest offshore yacht race, production company, Optical Media turned to LiveU's On-site Production solutio...
28/08/2025
Working with Calrec on its most recent overhaul, radio and television broadcaster, WNED has migrated to a fully IP infrastructure with multiple Type R consoles,...
28/08/2025
Cleeng, the Subscriber Retention Management (SRM ) inventor, has unveiled Cleeng Pro, the first-ever direct-to-consumer (D2C) subscription management platform t...
28/08/2025
Zixi, the industry leader in live broadcast-quality video over IP, today announced that French media distribution platform OKAST has selected Zixi to enable rel...
28/08/2025
Solution offers a streamlined, speaker-free architecture to optimize integration with premium external loudspeakers and advanced loudness metering
Nixer Pro Au...
28/08/2025
Cinegy, the premier provider of software-defined television technology, has announced a strategic partnership with Vision One Touch Film Production Services L.L...
28/08/2025
Telestream, a global leader in media workflow technologies, will debut its new Global Ingest strategy at IBC2025, introducing a next-generation ingest architect...
28/08/2025
Tier 1 operator selects Broadpeak to power high-performance, unified CDN solution across Norway, Sweden and Finland
Broadpeak, a leader in streaming and moneti...
28/08/2025
Leading video software provider, Synamedia, today announced that 24 Frames Digital, one of India's leading live event streaming service providers, has chose...
28/08/2025
Meet VisualOn at IBC2025: See What's Next in AI-Powered Video Streaming Join VisualOn at IBC2025 and discover how our AI-driven Optimizer and advanced media...
New Quality Assurance Initiative To Support Mobile Money Ecosystem in Developing Countries
