Wallets hold money and hence the national payments policy for mobile payments and other banking regulations apply. However, as a payment gateway, I think you just do reporting especially to track for transactions over $10K passing through the system.

Stand to be corrected...


Kind Regards,

Kennedy KK

Mobile: +254-721-699119 / +254-20-5283207
Skype: k.kairu
Gtalk: kkairu


On Tue, Aug 11, 2015 at 5:15 PM, Solami Ltd <solamiltd@gmail.com> wrote:
Whats the difference in terms of the regulator policy and do they have their own regulations or which doesn't?

Rgds
George


On 8/11/2015 16:56, Kennedy Kairu Kariuki wrote:
wallet or just the payment gateway??


Kind Regards,

Kennedy KK

Mobile: +254-721-699119 / +254-20-5283207
Skype: k.kairu
Gtalk: kkairu


On Tue, Aug 11, 2015 at 4:38 PM, Solami Ltd via skunkworks <skunkworks@lists.my.co.ke> wrote:
Hello skunks

Whats the requirements/regulations for setting up or having an e-wallet system such as pesapal?

Thanks

Choose to believe!
Solami

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