The impact of RICA on financial inclusion in South Africa

The impact of RICA on financial inclusion in South Africa

July 28, 2010    

In 2009, the South African government amended the Regulation of Interception of Communications Act (RICA) by introducing identification and verification measures for mobile phone users. The country’s experience of introducing similar requirements under the Financial Intelligence Centre Act (FICA) showed that identity verification could be a problematic requirement for low-income individuals that may unintentionally exclude people.

This 2010 report considers the impact of RICA on mobile financial services and financial inclusion in South Africa.

 


Download the report Size 671kb
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