Mobile Money definition

Mobile Money means the money transfer and payments service operated by the Mobile Money Services Providers in Kenya;
Mobile Money means a financial services product offered by NCB which facilitates the use of mobile technologies and is described further at clause 2.
Mobile Money means electronic transfer of funds between banks or accounts deposit or withdraw funds or pay bills by mobile phone;

Examples of Mobile Money in a sentence

  • No. Mobile Number/Line (Not registered on Mobile Money) Collection code Declaration: I/We the undersigned on behalf of the above named/specified business entity do declare, affirm and confirm that the information and supporting documents supplied are correct and true to the best of my/our knowledge.


More Definitions of Mobile Money

Mobile Money means electronic transfer of funds between banks or accounts' deposit or withdrawal of funds or payment of bills by mobile phone;
Mobile Money or “m-money” means an e-money product where the record of funds is stored on the mobile phone or a central computer system, and which can be drawn down through specific payment instructions to be issued from the bearers’ mobile phone;
Mobile Money means a monetary value, represented by a claim on the issuer, which is:
Mobile Money means the money transfer and payments service operated by the Mobile Money Providers in Kenya; Mobile Network Operator means a mobile network operator in Kenya registered with the Communications Authority of Kenya; Mobile Money Provider means a Mobile Network Operator that has been duly authorized by the Central Bank of Kenya under applicable law to offer Mobile Money Services in Kenya; Mobile Money Service means the money transfer and payments service provided by the Mobile Money Providers through the Mobile Money System;
Mobile Money means the system operated by MTN to facilitate electronic commerce including providing the Mobile Money Merchant Services;
Mobile Money means the money transfer and payments service operated by the Mobile Money Providers in Nigeria; Mobile Network Operator means a mobile network operator in Nigeria registered with the Communications Authority of Nigeria; Mobile Money Provider means a Mobile Network Operator that has been duly authorized by the Central Bank of Nigeria under applicable law to offer Mobile Money Services in Nigeria; Mobile Money Service means the money transfer and payments service provided by the Mobile Money Providers through the Mobile Money System;
Mobile Money means the electronic money issued by MTN representing an entitlement to an equivalent amount of cash held in escrow by the Bank chosen by MTN, in respect of the purchase of such electronic value. It shall also mean the products and services provided by MTN for the issue and redemption of Mobile Money and the transfer of Mobile Money between Customers, on the basis of transfer Instructions including the recording of all transactions, verifying and confirming all transactions concluded and updating Customer Account records.