Securing Mobile Money Services in Tanzania: A Case of Vodacom M-Pesa
A. Basigie, Laurent Sadikiel Mselle, Pratik Gujar, Dr.P R Bajaj, Seyed Reza Pakize, Seyed masood khademi, Abolfazl Gandomi, Kamal Moro, Mohamed Fakir, Belaid Bouikhalene, B. El Kessab, Rachid El Yachi, Reza Fotohi, Shahram Jamali, Shoreh Mokhteh, Shahram Behzad, Morteza Analoui, Mohsen Falah Rad, Sajad Bahrekazemi, Morteza AnalouiShahram moadab · 2014
Recently Tanzania has experienced an increase in the use of mobile money (M-money) services. M-money services are currently used to facilitate a wide range of services such as electronic money transfer, financial transactions and utility bills payments. This paper examines security vulnerabilities in M-Pesa services in Tanzania. Security weaknesses in authenticatio n, money transfer, withdrawal and deposit processes are identified and analyzed; and secure approaches for implementing these services are proposed.