3.3 POSTAL SERVICES Postal services ceased operations during the civil war, however, considering its importance for the functioning of the public and private sectors, the MPTT has re-established Posta Somalia as a fully-functioning postal service that connects Somalia domestically, and to the rest of the world via a postal gateway through Djibouti. MPTT envisages a new approach to managing and operating postal services based on business principles, harnessing of technology to increase efficiency and forging international partnerships that benefit the Somali people by supporting entrepreneurial trade initiatives. This would take into account the promotion of private local/international postal services investment and presence. In this respect Posta Somalia is expected to be a catalyst for e-commerce in the country and will improve existing supply chains for trade and commerce, which are both priorities for the MPTT. In support of this linkages between postal services and the financial sector will be developed, which will also improve the environment for remittance businesses. To ensure the postal sector is able to meet the expected needs for services, a separate postal services policy will need to be developed. This would include establishment of a national digital addressing system (NAS) and a National Spatial Data Infrastructure information management system which could support a national postal code addressing system. 3.4 ELECTRONIC PAYMENTS PLATFORMS Electronic payment services are relatively well developed in Somalia. Seven out of ten regularly use their mobile device to access mobile payment services, with over 150 million transactions a month, worth $2.7 billion or 36% of GDP. There is a need to strengthen the legal and regulatory framework in this sector to ensure: 1. Increased financial inclusion 2. Development of a wider range of financial services, including international payments and banking services 3. Interoperability/interconnection 4. Financial stability of the current system of mobile payments and 5. Sufficient citizen protections. Amendments to the 2012 Financial Institutions Law will likely be necessary in order to cover all providers of financial services, and ensure that all financial service providers are governed by the same law, and have equal levels of access to shared financial market infrastructure such as payment systems and a potential ID management system, thereby contributing towards a conducive business environment for shared services, and a level the playing field for potential new entrants into the market 14