Abstract. Full text article available at: http://ijettjournal.org/archive/ijett-v20p210
Over the recent years, Mobile Money has placed itself as a means for banking services for the unbanked in the developing world. Due to the ease of using the service, the number of subscribers using the service has increased tremendously. However, security concerns have also been raised as the service relies on customer identification document and PIN for authentication mechanisms. In this study a list of questions were posed to respondents with different levels of education, gender and age. The questions were intended to measure the level of security awareness when using M-Money services among the respondents. Results reveal that generally respondents have a high level of understanding. It is also noted that respondents with higher levels of education and those falling within the age group 25-36 years are more aware than respondents of other groups.