Implications of the decree on electronic payments in Cameroon

!img-0.jpeg

# Sensitisation and popularisation of the TRESOR PAY platform

!img-1.jpeg

launch ceremony

★ ★ ★

TAGIDOR HOTEL / BANGOU, 07 August 2023

★

PRESENTATION

Implications of the decree on electronic payments in Cameroon

Mr. MBA Pierre

Head of the Legislation and Codification Unit

!img-2.jpeg

The image contains a symbol that represents a stylized representation of a building with a central tree within a circular frame. There is no text content in the image.

Contents

# Introduction

!img-3.jpeg

• Context and situation that led to the drafting of the decree on electronic payments in Cameroon
• Scope of the decree and general principles of electronic payment in Cameroon
• Implications and challenges

# Conclusion

Sensitisation and popularisation of the TRESOR PAY platform

MINFI

MINFI

#

# General objective:

!img-4.jpeg

To enable the participants invited to this workshop to gain a better understanding of the context that led to the decree on electronic payments, its scope and the challenges with which the players will have to familiarise themselves.

!img-5.jpeg

Sensitisation and popularisation of the platform

TRESOR PAY

#

MINFI

#

#

!img-6.jpeg

Specific objectives:

This paper seeks the following:

1. Familiarise stakeholders with the new environment created by the decree
2. Recall the context that led to its development
3. Examine the scope of application
4. Familiarise actors with its scope of application
5. Setting out the implications of this legal instrument
6. Consider the challenges that the Public Treasury will have to face

Sensitisation and popularisation of the platform

TRFSOR.PAY

S

#

Specific objectives

#

MINFI

Introduction

• On 09 February 2021, the Governor of the BEAC issued Instruction No. 001/GR/2021 defining the operating procedures of the central registry of payment incidents.
• This instruction follows on from instruction n°02/GR/UMAC of 07 May 2014 relating to the implementation of multi-banking as part of the electronic money issuing activity.
• These 02 instructions, which reflect the sub-regional monetary authority's adherence to the principles organising payment systems through the development of regulations on payment systems, means and incidents that provide a framework for digital payments, financial risk management, the security and reliability of transactions, participation criteria, governance and the management of payment incidents
• At national level, the government is implementing a reform of the Single Treasury Account (CUT), which aims to bring payment systems into line with standards by reducing the circulation of banknotes and coins.
• Responsibility for organising and managing digital payments is clearly assigned to COBAC, BEAC and MINFI. The regulations also specify the roles of the other players: GIMAC, commercial banks, microfinance institutions, payment institutions, mobile phone operators, payment aggregators, supervisory agencies, telecoms regulators and civil society organisations.

Sensitisation and popularisation of the platform TRESOR PAY

MINFI

Introduction (end)