Uganda scored a 78 per cent score, coming hot after South Africa and Columbia who also scored same percentage from the study. Kenya received 86 per cent of the total possible points across all four dimensions, ranking first out of all countries surveyed, for the third time in a row...
2016 perhaps saw the biggest jump in Mobile Money use cases ever since the service started gaining popularity in the region. Mobile Money became a backbone for other innovative financial products like insurance cover, interest-bearing savings accounts for non-banked customers, instant personal and small-business micro-loans. MTN Uganda pioneered the mobile micro loans...
In a new study that was conducted by the United Nations-based Better Than Cash Alliance firm, has shown how agriculture nonprofit organization; One Acre Fund in partnership with Citi Inclusive Finance, successfully digitized loan repayments for farmers in Kenya, a move that significantly boosted transparency and efficiency, driving economic opportunity and...
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...
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...
Global online payments system company, PayPal Inc. has announced that it will be discontinuing its mobile applications on BlackBerry, Amazon Fire, and Windows Phone devices effective of 30th June, 2016. PayPal customers using Amazon Fire and Windows Phone devices still be able to log into PayPal via the paypal mobile web experience while...
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...