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Mobile Money Enabling Real Time Settlements in Banks

The number of mobile money transactions in Uganda continues to lead daily transactions in commercial banks by miles. According to Mr. Keval Bid, the head of Transaction Banking at Standard Chartered Uganda, total bank transactions through cheques, EFTs and RTGS among others are about 8.8 million. On the other hand, mobile

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MTN, NSSF Partner to Enable Social Security Payments Using Mobile Money

Telecommunications company MTN Uganda and the National Social Security Fund (NSSF) have today announced a partnership that enables payment of social security contributions using Mobile Money. The partnership enables NSSF members on the NSSF Voluntary Membership Plan as well as small and medium sized entities to conveniently make payments using MTN

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