Due to the challenges posed by the use of remote financial services, the OQSF, in accordance with its mission to monitor and monitor market conduct, had invited the above-mentioned operators, money transfer providers and associations of consumers, at a harmonization meeting. It has been brought to the attention of the OQSF of complaints from the Permanent Framework for Consultation of Money Transfer Providers, bringing together in particular the National Network of Money Transfer Providers (RENAPTA) and the Senegalese Association of Money Transfer Actors. 'Silver (ASATA).

The money transfer market in Senegal is a sector with great potential, having experienced a dazzling evolution over the past decade, both in terms of the size of the sums transferred, the number of actors involved, the nature of the transfers, from the socio-economic impact on the beneficiaries, to that of the mechanisms used. Private fund transfers have become a determining factor in the economy insofar as they represent a significant part of the country's resources and constitute an important financial source for the beneficiaries. At the same time, technological change, which is the foundation of digital payment operations and systems, has contributed to an explosion in volume transfers.

In Africa, money transfer constituted until the beginning of the 21st century, the market segment of certain operators such as Western Union and MoneyGram. Electronic transfers are a form of value transfer that rely on digital payment systems. The many advantages that these transfers can confer are security, accessibility and the speed of the operations carried out. The same goes for better management of operational costs and simplification of logistics.