Eligibility Criteria

Certification is open to all providers of mobile money services, whether they are a mobile network operator, a bank or an over-the-top provider. The Certification is available to mobile money services operating within a variety of business models and regulatory environments across the world.

In order to be eligible for the Certification, a service should meet the following criteria: 

1. The service includes transferring money and making payments using the mobile phone.
2. The service must be available to the unbanked, e.g. people who do not have access to a formal account at a financial institution.
3. The service must offer at least one of the following products:
   1. Domestic or international transfer;
   2. Mobile payment, including bill payment, bulk disbursement, and merchant payment;
   3. Storage of value.
4. The service must offer a network of physical transactional points outside bank branches and ATMs that make the service widely accessible to everyone.

The following services are considered not to be mobile money services, and cannot become certified:

1. Mobile banking services that offer the mobile phone as just another channel to access a traditional banking product.
2. Payment services linked to a traditional banking product or credit card.