Secure Mobile Money Withdraw Framework – SeMWiF

Financial and Data loss from Weak withdrawer Authentication in Mobile Money is a heavy burden to individuals, organizations and governments. To reduce this burden, an easy to use and acceptable secure mobile money withdraw framework should be designed that can detect, prevent and assist in recovery of fraudulent mobile money withdraws. To achieve this, the study had three study contributions; Studying different Mobile Payment withdraw frameworks; Designing a secure Mobile Money withdraw framework and; Evaluating the usability and usefulness of the designed secure Mobile Money withdraw framework. This paper presents the Secure Mobile Money Withdraw Framework (SeMWiF), a new software construction, that detects, prevents and assist in recovery of fraudulent mobile money withdraws. Evaluation results show that, SeMWiF enhances Detection, Prevention and Recovery, with an Ease of Learning rating at 51%, Ease of Use rating at 71% and Perception of Acceptance at 71 % as well. Should the Secure Mobile Money Withdraw Framework-SeMWiF guidelines be implemented, Mobile Money stakeholders will experience greater use from enhanced security and less financial loss.