0
Wireless

Airtel Uganda completes separation of mobile money business from telecoms

Wednesday 23 June 2021 | 10:23 CET | News
Airtel Uganda has announced the separation of Airtel Money from its telecommunications business. The Airtel Money Business has been transferred to affiliate, Airtel Mobile Commerce Uganda (AMC Uganda). The separation complies with the National Payment Systems (NPS) Act passed on 04 September 2020 and the NPS Regulations gazetted on 05 March 2021.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Airtel Uganda
Countries: Uganda
::: add a comment

Comments

That looks to be another bank in Uganda
Elisha Damba @ 25/6/2021 - 17:56


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Airtel Money targets 1 mln new customers in Uganda in partnership with UNCDF

Published 27 Sep 2021 12:13 CET | Uganda
Airtel Mobile Commerce Uganda has launched a collaboration with the UN Capital Development Fund (UNCDF) to onboard 300 new Airtel ...

Airtel Uganda raises some mobile money transaction fees from 13 October

Published 15 Sep 2021 11:13 CET | Uganda
Airtel Uganda will increase tariffs for its mobile money services effective 13 October, Techjaja reported. This will apply to all ...

Airtel Money Uganda wins PayTech award

Published 23 Jul 2021 12:52 CET | Uganda
Airtel Mobile Commerce Uganda (AMC Uganda) has been recognised for its excellence and innovation in the use of IT for Airtel ...

Ugandan active mobile money accounts fall by over 2 million in Q1 as operators revise registers

Published 19 Jul 2021 11:05 CET | Uganda
The number of active mobile money accounts was revised downwards from 22.5 million in the fourth quarter of 2020 to 20.3 million ...

Airtel Uganda raises corporate fixed internet service prices because of new tax

Published 09 Jul 2021 10:45 CET | Uganda
Airtel Uganda has announced a rise in fixed internet service prices for Airtel Business customers, after the government ...

Airtel Uganda compensates customers for Airtel Money interruption on 29 June

Published 05 Jul 2021 14:53 CET | Uganda
Airtel rewarded customers with six minutes of on-net voice calls, 40 MB of data for 24 hours and free P2P transactions on 01 July ...

MTN Uganda says new licensing regime will not affect mobile money

Published 01 Jun 2021 14:20 CET | Uganda
MTN Uganda says the new mobile money licensing regime will only see changes within the telecom that will have no impact on how ...

MTN and Airtel Uganda obtain mobile financial licences from central bank

Published 25 May 2021 09:29 CET | Uganda
The Bank of Uganda has issued licences to MTN Mobile Money Uganda and Airtel Mobile Commerce Uganda to carry out cash and ...

Ugandan mobile money accounts reach 28 mln in Q4

Published 13 Apr 2021 10:03 CET | Uganda
The number of mobile money accounts increased to 28.0 million in the three months to 31 December 2020 from 27.7 million accounts ...