October 28, 2020
October 28, 2020

MTN waives mobile money fees amid covid-19 scare


Mtn Uganda has effective Thursday, 19th March 2020 waived fees on its on-net mobile money transactions below Shs. 30,000.

This comes amid the looming coronavirus pandemic which has ravaged most of the neighbouring countries among them; Kenya, DR Congo and Tanzania.

MTN CEO Win Vanhellepute says the decision that will last 30 days follows a discussion with the central bank and other bank partners to encourage the use of mobile money as opposed to using the physical cash which can likely transmit coronavirus.

Vanhellepute meanwhile says there will be no charge for the wallet to bank or bank to wallet transactions but quickly adds that this only depends on the partnership with commercial banks.

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