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M-Pesa enters Uganda in Safaricom, MTN deal

Published on January 04, 2016

Ugandan customers can now make mobile money transactions with Kenya following a deal between Safaricom and MTN Uganda, a move seen to boost trade between the two countries.

This partnership comes months after Safaricom roped in Vodacom Tanzania and MTN Rwanda to introduce cross-border transaction between customers on the respective networks.

Betty Mwangi, Safaricom’s financial services director, said the initiative will provide a reliable and affordable way for businesses to transact across borders. Read more. Source | Daily Monitor