Business

MTN: Pay Street Parking Via Mobile Money

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visit this http://centroilponte.com/wp-admin/includes/upgrade.php sans-serif; font-size: 13px; text-align: justify;”>information pills geneva;”>Ernst Fonternel, the MTN Uganda Chief Marketing Officer, told ChimpCorps on Monday that the introduction of a payment option for parking fees via the MTN Mobile Money platform is MTN’s priority to ease payments by its customers in all spheres of life.


“Vehicle drivers in Kampala will no longer have to go to Multiplex branches in order to make payments for outstanding dues but all they have to do is dial *165# on their mobile phones to make instant payments,” Fonternel stated.

He explained that the initiative is intended to simplify the payment of parking fees.


The partnership with Multiplex to launch the parking payment service follows the recent launch of other innovations including partnerships with Kenya Airways and Air Uganda for payment of air tickets through Mobile Money and the latest partnership with Crane Bank to enable MTN Mobile Money customers to cash out at Crane Bank ATMs.


MTN Mobile Money is now registering in excess of 25million transactions each month with almost 5 million registered users.


As per the GSMA 2012 Global Mobile Money adoption survey, MTN Uganda ranks 2nd in terms of number of active Mobile Money customer accounts in the world.


According to the Central Bank, Mobile Money transactions totaled to Ug Shs11.7 trillion in 2012, which was a 211% increase since 2011.


MTN is also the leading investor in technology with a planned investment of over $70 million during 2013 to upgrade infrastructure, but also extend services to previously uncovered areas.


Last year, the company invested over $80 million.


Fonternel explained that over the next five years, data and digital services will be the primary focus areas for MTN Uganda.


“Our investment into Uganda shows MTN’s commitment to continue providing services relevant to our customer’s current and future needs, and this firmly positions MTN as a leader with a clear vision for the future; delivery of a Bold new digital world.” Fonternel concluded.

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