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Stellenbosch University Law Clinic in historic consumer...


weekly newspaper.
A web of companies purporting to be “loan providers” is set to be taken to court in a class action brought by Stellenbosch University (SU) Law Clinic. The companies are accused of duping thousands of consumers into signing contracts for paralegal and other “value-added” services, instead of providing actual loans.
It is a significant step in the struggle against the Lifestyle Legal group and the first successfully certified consumer law class action in SA legal history in which the court delivered a certification judgment. It is also the first successful class action certification brought by an SA university law clinic. ....

South Africa , Western Cape , Henno Bothma , Theo Broodryk , Damian Malander , Stellenbosch University Su Law Clinic , Payments Association Of South Africa Pasa , National Payment System , National Credit , Cape High Court , Lifestyle Legal , Daily Maverick , Stellenbosch University , Judge Patrick Gamble , Western Cape High Court , Advocate Henno Bothma , Law Clinic , Judge Gamble , National Credit Act , Consumer Protection Act , Payments Association , National Payment System Act , மேற்கு கேப் , தேசிய கட்டணம் அமைப்பு , தேசிய கடன் , கேப் உயர் நீதிமன்றம் ,

Mobile money: A battle ground for payment service providers


Daily Monitor
Tuesday June 01 2021
Summary
Standalone business. E-commerce platforms of Airtel Uganda and MTN Uganda have automatically become standalone businesses from their parent companies –the telecoms, a move that is likely to drive partnerships among payment service providers.
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Is it a good move, or a risky one? Whose business is it going to impact mostly? Is it the savers, banks or telecoms that have been managing mobile money services?
These are the lingering questions in the corridors, sparked off by the recent pronouncement by Bank of Uganda (BoU) Governor Emmanuel Tumusiime Mutebile that the Central Bank had commenced licensing of payment system operators, payment service providers and issuers of payment instruments. ....

Charles Molapisi , Manoj Murali , Paul Murungi , Dorothy Nakaweesi , Allan Rwakatungi , Andrew Kawera , Peter Kawumi , Rashmi Pillai , Emmanuel Tumusiime Mutebile , Brian Kalule , Interswitch Group , National Payment System , Wave Transfer , Central Bank , National Financial Inclusion , Uganda Communications Commission , National Payment System Implementing Regulations , Financial Technology Service Providers Association Of Uganda , Charity Mugumya , National Payments Systems , Governor Emmanuel Tumusiime Mutebile , National Payment System Act , Airtel Uganda , Airtel Mobile Commerce Uganda , Airtel Money , Wave Transfer Limited ,