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Daily Monitor Tuesday June 01 2021 Summary Standalone business. E-commerce platforms of Airtel Uganda and MTN Uganda have automatically become standalone businesses from their parent companies –the telecoms, a move that is likely to drive partnerships among payment service providers. Advertisement Is it a good move, or a risky one? Whose business is it going to impact mostly? Is it the savers, banks or telecoms that have been managing mobile money services? These are the lingering questions in the corridors, sparked off by the recent pronouncement by Bank of Uganda (BoU) Governor Emmanuel Tumusiime Mutebile that the Central Bank had commenced licensing of payment system operators, payment service providers and issuers of payment instruments. ....
New licensing regime will not affect mobile money - telecoms Thursday May 27 2021 The Bank of Uganda has issued a license to Airtel Mobile Commerce Uganda Limited and MTN Mobile Money Uganda Limited to conduct various payments through the telecommunication based channels Summary Speaking in an interview yesterday, Mr Stephen Mutana, the MTN head of mobile financial services, said the split of mobile money from telecom operations will not affect agent and customer operations in anyway. Advertisement
Speaking in an interview yesterday, Mr Stephen Mutana, the MTN head of mobile financial services, said the split of mobile money from telecom operations will not affect agent and customer operations in anyway. ....