The Future of Transactions: Mobile Money Merchant Payments

Merchant payments add a significant use case for mobile money in developing countries by enabling customers to pay for goods and services from their mobile wallets. Across the developed world, cards...

Is a cashless society nearer than we think?

Most people think of a cashless society is something that is way off in the distant future.  Unfortunately, that is simply not the case. The truth is that a cashless society...

Mobile Money without borders; Remittance growing big in the ecosystem

The mobile money industry continues to grow globally, with more than 270 live mobile money services in 93 countries. In Uganda, the amount of money transacted through mobile money by December 2015 was UGx....
Send and recieve money to more than 500,000 retail Agent locations globally and more than one billion bank accounts in 50 countries and millions of mobile wallets using Western Union. Image Credit: bitcoinist

Western Union Services Now Active in the UK, Despite EU Referendum Vote

Leader in global payments, Western Union Corp. announced all Western Union consumer and business solutions services are active in the United Kingdom (UK), irrespective of EU Membership Referendum vote, or currency volatility. Western...

How MTN’s Mobile Money Savings and Loans Could Aid Uganda’s Middle-Income Ambitions

At the beginning of the last quarter of 2015, I wrote an article examining the question if Mobile Money could be the answer to financial inclusion in the developing world. I...

Mobile Money and Mobile Loans & Savings fueling a cashless economy in Uganda

Mobile Money has been around for quite sometime now - enabling individuals to transfer money and pay bills all over Uganda. Mobile money transfer has morphed quickly into mobile payments and mobile banking...
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See Also

NSSF Launches Transaction Alerts to Members

Uganda’s top Pension body, the National Social Security Fund (NSSF) has rolled out a transaction alert service for her members. The development was revealed by...

INNOVATION

The 2nd Annual MTN Uganda Innovation App Challenge is Here, registration...

MTN Uganda, in partnership with tech and incubation hub; Outbox Hub and Garage48 launched the MTN App Challenge in 2015 - an event that...