Western Union mobile in Uganda

MOBILE

|
Image: By Western Union
Western Union mobile in Uganda

The Western Union Company and MTN Group have announced the launch of a mobile money transfer service in Uganda, allowing MTN customers to send and receive money across borders using just their mobile phones for the first time.

The service, announced in Kampala today, marks the debut of an offering from Western Union that allows the more than 2 million customers of MTN’s mobile money transfer service, Mobile Money, in Uganda to add funds to their accounts that were sent through Western Union’s system.

Senders send the funds as they normally would – either in-person at 450,000 Western Union Agent locations in 200 countries and territories, from www.westernunion.com in 22 countries or directly from a bank account in select countries. The receiver of the funds simply chooses to “pull” the transaction into a MTN Mobile Money account.

The new service also enables MTN customers to send money internationally with Western Union directly from their Mobile Money accounts for cash payout at Western Union Agent locations worldwide or to subscribers of select mobile phone companies with which Western Union has agreements.

Western Union and MTN also announced that they will provide 9,000 branded mobile “Yellow Phones” to Ugandans. Customers who receive these phones must already have an active MTN Mobile Money account or sign up for one in order to use the new remittance service. The phones will be given away via ongoing promotions throughout Uganda over the next few months.

“Western Union is changing quickly and we are leading the way in bringing international remittances to mobile subscribers around the globe,” said Diane Scott, Executive Vice President, Chief Marketing Officer and President, Western Union Ventures. “Our network of nearly half a million locations, our experience in moving money across borders, and our relationships with the world’s most successful mobile operators such as MTN, ideally position us to introduce many people to cross-border financial services.

“Our mobile money transfer service will unlock new economic opportunities for thousands of underserved consumers in Uganda, whose financial needs are not being met elsewhere,” Scott added. “By deploying these powerful tools for sending and receiving funds – particularly in areas lacking financial infrastructure – Western Union and MTN are helping to create more self-sufficient local economies.” 



Share the News

Get Daily Newsletter

Search News

comments powered by Disqus

MORE MOBILE NEWS

Vodafone sweeps awards in two separate events

Vodafone Ghana is cementing its reputation for social media excellence, with a series of awards. Read More

Winners emerge in Samsung’s “Inspire Bigger Dreams” campaign

The Samsung Electronics “Inspire Bigger Dreams” competition has produced three winners. The campaign was aimed at encouraging Nigerians to keep their dreams alive, dream bigger and aspire to greater heights.  Read More

Simplifying and enhancing security on MTN’s information systems key to improving customer experience

In the first hundred days in his new role, MTN South Africa’s new Chief Information Officer, Benjamin Marais, says his focus was to simplify information technology processes internally and externally, and beef up security of the systems in order to enhance customer experience. Read More

Uganda blocks social media ahead of Museveni swearing in

The Ugandan government locked down access to all social media platforms, citing security reasons, as President Museveni took the oath of office for his fifth term this week. Read More

Glo unveils Talk Special

National telecoms operator Globacom has launched a new product called Talk Special in a move it said would enhance the communication experience of subscribers on its platform.  Read More

LTE enables the mobile workforce

MTN Business says LTE will play a central role in alleviating enterprises' mobile pain-points and facilitating the move to a mobile first strategy. Read More

Zuri Brand seeks share of Kenya’s smartphone market

Recently launched digital lifestyle devices brand Zuri has stepped up efforts to capture a share of the Kenyan smartphone market with the launch of four smartphone models. Read More

BTCL selects Amdocs for business support systems modernisation

Amdocs has announced that Botswana Telecommunications Corporation Limited (BTCL), a provider of fixed, mobile and broadband services to approximately 800,000 customers, has awarded Amdocs a five-year managed services contract for business support systems (BSS) modernisation. Read More

Airtel warns on recruitment scam

Airtel Ghana has issued a statement warning the public about a scam claiming the company is offering part-time jobs. Read More

MTN and Ericsson lead the way with first LTE-U network

To future proof its business, MTN SA, together with Ericsson, has successfully trialled LTE-Unlicensed (LTE-U) at MTN’s flagship channel store in Morningside, Johannesburg.  Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor Networks

FEATURED STORY

Government should encourage youths in ICT earlyGovernment should encourage youths in ICT early

Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.

IN DEPTH

IBM Opens First Cloud Data Centre in South AfricaIBM Opens First Cloud Data Centre in South Africa

IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.  

COMPANY NEWS

Resolving the data centre disconnect

The disconnect between virtualised applications and physical storage is costing businesses time and money.   

Separating the attack that matters from the noise

It has almost become the norm for a business to be compromised by a security attack. The emphasis today is thus more on how a business responds ...

MTN Business partners SMEasy to give entrepreneurs access to easy accounting solutions

MTN Business, in partnership with online accounting tool SMEasy, today announced the launch of an agile, fit for purpose business management and easy accounting solution for small ...