Payments News » Uganda

Bank of Uganda, telecom operators ask govt to rescind mobile money tax

August 10 2018

in
Financial regulators
Uganda

“The Bank of Uganda and mobile phone operators have asked the government to scrap mobile money tax, saying mobile money revenue has dipped by more than UGX 600 billion since the introduction of the tax, The Observer reported. This reduction, they say, has affected revenue collection from Mobile Money transactions. Bank of Uganda director of […]

Companies

MTN Uganda and Mastercard diversify Mobile Money services in Uganda

September 25 2018

in
Mastercard
Uganda

“MTN Uganda in partnership with Mastercard and United Bank for Africa (UBA) have announced a new service that will enable quicker, safer and more convenient online payments globally. Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments.”