Duty LXD-8020
Is a payment provider, in Madagascar
Electronic Money Act: Notice to Users of a Major Service Incidentin force2 lines
Loi n° 2016-056 sur la monnaie électronique, art. 92 · Read the law's page
- This binds an electronic money institution (établissement de monnaie électronique): a legal person that the CSBF has licensed to carry out electronic money operations (Article 11), reached by declaring that you are a payment provider.
- Warn the user of any major incident linked to disruptions of your service (Article 92).
Electronic Money Act: Data and Transaction Security of Electronic Money Institutionsin force4 lines
Loi n° 2016-056 sur la monnaie électronique, arts. 51 and 52 · Read the law's page
- This binds an electronic money institution (établissement de monnaie électronique): a legal person that the CSBF has licensed to carry out electronic money operations (Article 11), reached by declaring that you are a payment provider.
- Guarantee the protection of the data you hold while it is transmitted or stored during the retention period (Article 51).
- Operate a technical system or platform that secures the protection, integrity, authenticity and confidentiality of the data and the security of transactions (Article 51).
- Assign each user a personal means of identification that gives secure access to your services and lets the user carry out transactions on the user's electronic money account (Article 52).