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Uganda

Mastercard and M-KOPA Unveil Payment Technology to Extend pay-as-you-go Solar Program in Africa

Mastercard and M-KOPA have entered into a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses. M-KOPA, which already provides affordable, safe Read More →

Barclays Africa Group and Frontclear Partner to Develop Africa’s Interbank Markets

Barclays Africa Group Limited (BAGL) has signed a 2-year agreement to provide financial support to the Frontclear Technical Assistance Programme (FTAP) through the latter’s Partnership Facility. The contribution reflects the Read More →

Mastercard and FSD Uganda Partner to Develop Financial Services

Over half of Uganda’s adults are forced to keep their savings at home because of a lack of access to formal financial services. Not only is this not safe, but Read More →

TerraPay to Launch Cross-Border Money Transfers in South Africa

TerraPay, the world’s first mobile payments switch, announced today that it has successfully obtained regulatory approval from South African Reserve Bank to launch Cross-border money transfer services in South Africa. Read More →

SWIFT’s Messaging Traffic Grows by 20.1% in East Africa

Data from SWIFT shows that FIN traffic growth in East Africa has outperformed the total growth of SWIFT globally. In the year to date, total message traffic volumes grew by Read More →

Direct Pay Online Gains Security Certification in 12 Countries Across Africa

Direct Pay Online Group (DPO) is the first payment service provider (PSP) in Africa to receive the Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification in 12 Read More →

TerraPay and Instant Cash Launch Global Cross-border Money Transfers to Mobile Wallets

TerraPay, the world’s first mobile payments switch and Instant Cash, one of the fastest growing money transfer companies in the world, have teamed up to enable real-time cross border money Read More →

TerraPay Launches International Mobile Money Transfers to Uganda

TerraPay, the world’s first mobile payments switch, announced that it has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country. Read More →

Centenary Bank And Mastercard Partner To Boost Financial Inclusion

Centenary Bank and Mastercard have announced at the Annual Bankers' Conference their multipronged approach to digitising Uganda's economy in support of the National Financial Inclusion Strategy. Following the recent signing of Read More →

Going Cashless In Uganda With The UBA Debit Mastercard

United Bank for Africa (UBA) announced the rollout of the Debit Mastercard card in Uganda to financially support its citizens. Focused on displacing cash, the electronic payment solution will deliver Read More →

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