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Wireless

Uganda to suspend inactive mobile money clients after 9 months

Wednesday 2 June 2021 | 11:07 CET | News
The Ugandan Central Bank says it will suspend every mobile money or electronic money account that does not register a single transaction within nine months, as stipulated under the National Payment Systems Act, The Monitor reported. The Act, passed in 2020, is currently under implementation by the Central Bank.

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Categories: Mobile & Wireless
Companies: Airtel / MTN / UTL
Countries: Uganda
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