Friday, January 15We Break the News

MTN, Airtel announce changes in mobile money rates

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KAMPALA, UGANDA — As a measure to reduce the risk of COVID-19 transmission by the physical exchange of currency notes, MTN Uganda and Airtel Uganda, on March 19, 2020, implemented a zero charge on all Person to Person (P2P) and Mobile Wallet to bank transactions for a period of 30 days.

In recognition of the continued lockdown period, the zero charge was maintained until May 25, 2020.

MTN UGANDA and AIRTEL UGANDA wish to inform the public that effective May 26, 2020, all MTN mobile money and Airtel money Person to Person (P2P) transactions on the same network and Mobile Wallet to bank transactions will be gradually re-introduced at a 50% discount to standard tariffs for a period of 30 days.

All MoMo/Airtel Money pay transactions between customers and merchants will continue to attract zero transaction charges for the next 30 days.

We thank you for adhering to the guidelines put in place by the government and remain committed to enabling electronic money transactions to mitigate the risk of transmission of the Coronavirus.

Any further changes will be communicated.                              

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