Can I Launch A Mobile Wallet App Without Cbn Mmo License - Technology Market - Nairaland
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| Can I Launch A Mobile Wallet App Without Cbn Mmo License by wavefly(m): 12:59pm On Jul 17, 2023 |
Hello guys, I'm currently working on a mobile wallet app in which we integrate almost all the Flutterwave API, and we also planning to launch, please is it required to get a cbn license before we launch or we can get that later, how important is the license? |
| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by aieromon(m): 3:38pm On Jul 17, 2023 |
wavefly: You need the licence from CBN. |
| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by wavefly(m): 5:31pm On Jul 17, 2023 |
Is it something required before we launch? aieromon: |
| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by aieromon(m): 6:15pm On Jul 17, 2023 |
wavefly: Yes, and the requirements are stringent. https://www.mondaq.com/nigeria/shareholders/1133168/procedure-for-obtaining-mobile-money-operator-license-in-nigeria You can grab the download link of the guidelines from the QR Code.
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| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by wavefly(m): 9:46pm On Jul 17, 2023 |
Thank you for this, is there any penalty if someone not ready to obtain the mmo license? aieromon: |
| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by Earnmoreprofit(m): 9:51pm On Jul 17, 2023 |
Boss lunch ur app all those license is after you think u have expand wavefly: 1 Like |
| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by aieromon(m): 10:24pm On Jul 17, 2023 |
wavefly: You intend to startup a business that is heavily reliant on customer trust. Do the right thing. https://nairametrics.com/2023/03/20/here-are-the-17-companies-licensed-by-cbn-as-mobile-money-operators-in-nigeria/ 1 Like |
| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by wavefly(m): 8:06pm On Jul 18, 2023 |
Thank you Earnmoreprofit: |
| Re: Can I Launch A Mobile Wallet App Without Cbn Mmo License by wavefly(m): 8:13pm On Jul 18, 2023 |
I just hope there won't be any issue from cbn or efcc before we can afford the license Earnmoreprofit: |
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