Mobile Money definition

Mobile Money means the money transfer and payments service operated by the Mobile Money Services Providers in Kenya;
Mobile Money means the money transfer and payments service operated by the Mobile Money Providers in Kenya;
Mobile Money means electronic transfer of funds between banks or accounts' deposit or withdrawal of funds or payment of bills by mobile phone;

Examples of Mobile Money in a sentence

  • You shall be responsible for charges due to any Mobile Money Services Provider, Mobile Network Provider and/or any service provider providing you any relevant services with connection to the Network and we shall not be responsible for losses or delays caused by any such service provider.

  • You shall be responsible for the payment of any charges levied by the Bank in delivering the Mobile Money Mini Statement to you.

  • We reserve the right to verify the authenticity and status of your age, and Mobile Money Account with the relevant Mobile Money Services Provider.

  • Failure to provide such information within the time required by the Bank may result in the Bank declining to accept your application for a Mobile Money Account.

  • The Bank shall not be liable for any disclosure of your Mobile Money PIN and/or Mpesa PIN to any third party and/or transactions effected by them and you hereby agree to indemnify and hold the Bank harmless from any losses resulting from any Mobile Money PIN and/or Mpesa PIN disclosure.


More Definitions of Mobile Money

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 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 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 a monetary value, represented by a claim on the issuer, which is:
Mobile Money means e-money available to a user to conduct transactions through a mobile phone;
Mobile Money means electronic transfer of funds between banks or accounts deposit or withdraw funds or pay bills by mobile phone;
Mobile Money means the system operated by MTN to facilitate electronic commerce including providing the Mobile Money Merchant Services.