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Mobile money in Uganda is a mobile phone-based platform providing a wide array of financial services to a significant portion of the Tanzanian population.
How it Works?
- Users register for mobile money services with their mobile phone numbers.
- They can deposit and withdraw cash through a vast network of mobile money agents located across the country.
- Send and receive money to other users instantly, regardless of their mobile network.
- Pay bills for utilities, goods, and services.
- Purchase airtime and data bundles.
- Increasingly access other financial services like savings accounts (e.g., Super Saver by Airtel Money), micro-loans (e.g., MoKash by MTN), and insurance products directly through their mobile phones.
Payment Method type
Users can use the below payment method type to create a transaction using mobile money in the available geography:
- Uganda:
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Functionality
| Functionality | Yes/No |
|---|---|
| Refund Support | |
| Full Refund | ✅ |
| Partial Refund | ✅ |
| Generally Available | ✅ |
| Disputes and Chargebacks | ❌ |
Limits and Expiration
The following is the upper and lower limits for Mobile Money transactions:
- Minimum Limit: USD 0.5
- Maximum Limit: USD 1629
The default expiration for a transaction is 5 Days.
User Experience
Redirect Experience
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Updated 3 days ago