Mwinyimvua, Haider Twahir
(2013)
The Emergence of Mobile Banking and its Legal Implications in Tanzania.
Masters thesis, The Open University of Tanzania.
Abstract
This dissertation is specifically based on the researcher’s study about the emergence of Mobile Banking and its legal implications in Tanzania. The data was obtained through interviews and library research with focus on the mobile banking; the data was obtained from BOT, TCRA, commercial banks, MNOs, bank and MNO customers, mobile agents, experts in IT, finance, banking and lawyers. The results of this study have revealed that the advent of mobile banking in Tanzania has brought immerse benefits to the country, however there are a number of legal challenges which the innovation is facing and the law has shown some lacuna which need to be addressed. Therefore, the study embarked on long journey in studying experiences of other jurisdictions and our current legal framework, pinpointing the significance of the innovation and the challenges it faces; thereafter recommending what is required to address the current legal challenges.
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