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 is much closer than most people would ever dare to imagine. In America today  only 7% of all...
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 the NSSF Managing Director, Richard Byarugaba as the Fund launched activities to engage closely with its members, dubbed Customer connect week. According to Byarugaba, NSSF will...
About a month ago, I became regular contributor to PC Tech Magazine – meaning that I would frequently write features for the magazine in return for a certain remuneration. Taking into account that PC Tech Magazine operates in Uganda and I currently reside in Germany, we were presented with two...
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 and NFC enabled POSs are being used to pay for everyday purchases, but the question remains if mobile...
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 products. The latest addition to the Mobile Money use case being the ability to save in small amounts...
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. 32.5 trillion according to the Bank of Uganda. This growth however is not the same for mobile money use...
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 Union services are available to consumers across more than 7,200 retail Agent locations in the UK, through the...