Ecuador and Guatemala central bankers study Philippine mobile commerce

A delegation of six central bank officers and IT professionals from Ecuador and Guatemala recently conducted a knowledge exchange visit to the Philippines to learn from the country’s experiences and best practices in m-commerce and mobile phone banking.
The delegation was composed of Central Bank of Ecuador’s (Banco Central del Ecuador) IT Director, Francisco Frey; and Project Manager for Mobile Money System, Santiago Vásquez; Director of Telecommunication Services, National Secretary  of Telecommunications, Christian Rivera; and Central Bank of Guatemala’s (Guatemalan Superintendence of Banks) Director of the Department of Information Technology, José Alfredo Cándido Durón; Regulations Professional IV, Ricardo Axuán Estrada Villalta; and Estudios-Director, Hugo Rafael Oroxóm Mérida.
The main objective of the study group visit was to learn about the various factors involved in the success of the Philippine mobile payment system. The delegates looked at the operational strengths and weaknesses of the mobile payment systems, strategies on promoting enabling innovative distribution channels for financial inclusion, advantages of mobile financial services, as well as the country’s regulatory environment for m-commerce, among others. The USAID-supported RBAP-MABS program also briefed the delegates on its mobile phone banking initiative as developed and used by the rural banks and their clients.

KX Ecuador Guatemala

A delegation of six central bank officers and IT professionals from Ecuador and Guatemala recently conducted a knowledge exchange visit to the Philippines to learn from the country’s experiences and best practices in m-commerce and mobile phone banking.

The delegation was composed of Central Bank of Ecuador’s (Banco Central del Ecuador) IT Director, Francisco Frey; and Project Manager for Mobile Money System, Santiago Vásquez; Director of Telecommunication Services, National Secretary  of Telecommunications, Christian Rivera; and Central Bank of Guatemala’s (Guatemalan Superintendence of Banks) Director of the Department of Information Technology, José Alfredo Cándido Durón; Regulations Professional IV, Ricardo Axuán Estrada Villalta; and Estudios-Director, Hugo Rafael Oroxóm Mérida.

The main objective of the study group visit was to learn about the various factors involved in the success of the Philippine mobile payment system. The delegates looked at the operational strengths and weaknesses of the mobile payment systems, strategies on promoting enabling innovative distribution channels for financial inclusion, advantages of mobile financial services, as well as the country’s regulatory environment for m-commerce, among others. The USAID-supported RBAP-MABS program also briefed the delegates on its mobile phone banking initiative as developed and used by the rural banks and their clients.