Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
CA Chairman Ngene Gituku said the authority will only allow one firm, Taiwan-based SIM manufacturer Taisys Technologies, to supply the SIMs during the one-year period/CFM

Kenya

Use of thin SIM technology allowed for a year

CA Chairman Ngene Gituku said the authority will only allow one firm, Taiwan-based SIM manufacturer Taisys Technologies, to supply the SIMs during the one-year period/CFM

CA Chairman Ngene Gituku said the authority will only allow one firm, Taiwan-based SIM manufacturer Taisys Technologies, to supply the SIMs during the one-year period/CFM

NAIROBI, Kenya, Sep 22 – The Communication Authority of Kenya (CA) has approved the use of thin SIM technology for one year following investigations that the thin SIM does not have any threats to the user.

This will see Equity Bank a step closer to launching its Mobile Virtual Network Operator services which was to kick off in July this year.

Making the announcement on Monday, CA Chairman Ngene Gituku said the authority will only allow one firm, Taiwan-based SIM manufacturer Taisys Technologies, to supply the SIMs during the one-year period.

“There is no sufficient evidence to block, in the Kenyan market, the entry of the thin SIM. The authority will allow the use of thin SIM technology under strict observation for a period of one year. During this period, only Taisys thin SIM will operate in the Kenyan market,” Gituku said during a press conference.

Safaricom has opposed the use of the overlay SIM alongside any other on GSM handsets, may cause interruptions and interceptions of communications.

Safaricom had also raised concerns that the dual use of overlay SIM may introduce vulnerabilities in the network as well as infringing on intellectual property rights.

But Gituku maintains that the thin SIM complies with all minimum mandatory international standards and that no major complaints especially on interception of traffic of the primary SIM card has been reported so far.

“Tests conducted on Taisys thin SIM by China National Computer Quality Supervising Test Centre as well as the Bank Card Test Centre of China shows that this particular thin SIM complies with applicable ISO and ETSI standards,” the chairman said.

What remains of Equity Bank through its licensed Mobile Virtual Network Operator Finserve Africa Limited is to apply for approval from the Central Bank of Kenya (CBK) to use the thin SIM for financial services.

“For you to engage yourself in mobile phone financial services, you have to follow the National Payments and Settlement Systems Act 2012 and you also have to follow the National Payments and Settlement Guidelines of 2014. So it is Finserve which should apply because it has already been given a go ahead by CA,” CBK Governor Njuguna Ndungu said.

Advertisement. Scroll to continue reading.

Equity MVNO plans to mirror all its banking services into the mobile phone by linking the account to the mobile phone where customers can apply for loans, move money to and from their bank accounts, pay bills as well as carry out trans-border transactions from their mobile phone.

Apart from Finserve Africa Limited other MVNOs licensed by CA are Zioncell Kenya Limited and MobilePay Limited all of which will be hosted by Airtel Kenya.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...