Zamtel says it is elated by the news that the Bank of Zambia has commenced internal processes that it anticipates will culminate in the establishment of a dedicated Fast Track Court for mobile money fraudsters.
Zamtel Corporate Communications Manager Changwe Kabwe says fast tracking investigations and prosecutions around mobile money scams will undoubtedly help sanitize the mobile money space in Zambia.
Mr Kabwe said having a functional Fast Track Court for Mobile Money fraudsters will also serve as a deterrent to would be offenders and offer some relief to victims.
“With the impressive growth of the digital finance sector, initiatives that seek to provide an added layer of protection for the consumer are welcome,” Mr Kabwe said.
“For our part, we have invested heavily in enhancing customer data protection with the full adoption of biometrics solutions in our business functions including on our Zamtel Kwacha platform. This has resulted in a slow but steady decline in the customer complaints related to mobile money scams on our network,” he said.
Mr Kabwe added, “As Zamtel, we stand ready to offer cooperation to the Central Bank in their effort to curb the growing trend of mobile money fraud.”
“It is our expectation that establishing a Fast Track Court for Mobile Money Fraudsters will be a major step in reassuring our customers that their money is safe and that they can continue transacting with confidence on our mobile platform.”
Fix the kwacha please. That should be your top priority and the inflation rate. Leave the mobile money fraud to the police. This Mavunga chap is crap.
For the first time a story free of errors and seemingly written by a trained journalist!
It has answered most of the five Ws and H cleanly and requires no further proofreading.
Please treasure this reporter ba LT and keep using her/his products
Where has this crop of girls who would just say hello to you on FB and start crying for money like they know you?
to me dearth sentence is the best, by firing squad, Zambia we entertain thieves too much
Please lst grow up with better wisdom and knowledge. I respect Mr Mvunga for trying even the littil bit of help that he can try to do to fix the problem that Zambia is going through, unlike other gold diggers who go to other countries to milk from other countries and start to open their mouths from other countries, and even say that the celebrate independence what type of independence are you celebrating when you are going to bag on your knees from those people that you had sent away from your home Zambia saying that go back to your country and let us Zambia take care of our home Zambia and develop it. But now were are you are you taking care of you country or home Zambia or are you working and develping another persons countries busy sweting for them in there their countries yet when…