Uganda’s top telecoms issue joint statement on changes in mobile money rates

MTN and airtel have announced joint monet transactions

Joint statement – verbatim

Kampala—25, May 2020: As a measure to reduce the risk of COVID-19 transmission by physical exchange of currency notes, MTN Uganda and Airtel Uganda, on 19th March 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 25th May 2020.

MTN UGANDA and AIRTEL UGANDA wish to inform the public that effective 26th May 2020, all #MTNMoMo 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 Corona virus.

Any further changes will be communicated.

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