Although the compilation of such statistics places a burden on those providing the data, such data represents one critical part of the information necessary to ensure the stability of the financial system.
Following a provisional licence provided by the RBF early this year, Digicel undertook their pilot test phase on mobile money services, which was assessed as successful. I am happy to say that Digicel has met all the Reserve Bank requirements to gain approval for the full launch of Digicel mobile money.