Telecommunication firm; MTN Uganda has today slashed mobile money sending fees by more than half in a new promotion aimed at giving back to their customers as claimed by the telco. The announcement was made at a press brief at their head offices in Nyonyi Gardens in Kampala.
The promo comes a month after the company revised its Mobile Money rates on sending, withdrawing cash, and making payments on utilities.
The promo that runs for eight weeks is in line with MTN’s commitment to driving financial inclusion in Uganda while delivering easier and more affordable services to its customers.
“By giving back to our customers through this half price promotion, we will be enabling people to do more in their relationships by further providing the wide and crucial financial services at affordable rates,” said MTN Uganda Chief Executive Wim Vanhelleputte.
The catch on this promotion only applies to sending money from MTN to MTN customers.
Wim applauded the telco saying over the years it has given back to the Ugandan communities and its loyal customers — which it continues to do with joy. Hence, the 8-week promo.
MTN Mobile Money, the first mobile money service in Uganda has been at the forefront of financial inclusion in Uganda since its launch.
The service currently takes the largest share of Mobile Money market with over 8.8 million mobile money subscribers. Since its inception, the service has seen over UGX30 trillion in transactions.
“MTN Mobile Money was launched about 10 years ago and by then you could only send and receive only. Today you can do much more with Mobile Money. It is now the safest and easiest way to transact in Uganda,” Enid Edroma, GM Corporate Services at MTN Uganda said during the press launch.
