Ugandan Mobile Money Services Suspended Following Major Fraud
Stanbic Bank Uganda, MTN Uganda and Airtel Uganda said they faced “unprecedented technical challenges”.
Stanbic Bank Uganda, MTN Uganda and Airtel Uganda said they faced “unprecedented technical challenges”.
President Museveni said the 1 percent tax on mobile money withdrawals was a known ‘error’, but approved that law anyway. Now his government has cut the tax to 0.5 percent.
Uganda’s regulator will investigate MTN to see what more can be done about customers sending mobile money to the wrong numbers.