Peer-to-peer (P2P) transfers are the most used mobile payment services globally, and providers already operate in at least 45 African countries. Transnational criminal syndicates have also embraced P2P technology: to facilitate money laundering, extortion, human trafficking and smuggling, wildlife, firearms, and drug trafficking, and terrorism. They benefit from African countries’ weak individual identification systems, a lack of consumer awareness, and a lack of resources and training of law enforcement in the collection and use of technical evidence. African governments could use assistance in understanding and tackling organized crime’s use of P2P technology.
Security Topics: Combating Organized Crime