Business

Behind The Growth Of Mobile Money

help http://cerlalc.org/wp-includes/class-wp-http-encoding.php geneva;”>Interviews conducted by Chimpreports with different mobile money users show a steady but gradual increase in mobile money subscriber base since the year 2009.

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information pills geneva;”>Research shows that 68 percent of Ugandans are already registered for mobile money and only 32 percent do not use the service.


More to that, people in rural areas are also aware of mobile money although they face a problem of moving long distances to get a mobile money agents unlike in urban users where you find the services on your door way.


Ignorance and long distances limits rural people from using mobile money services compared to those in urban centers.


Furthermore with mobile money services, instead of paying with cash, cheque or credit cards a consumer can use a mobile phone to pay for a wide range of services and digital or hand goods. Even with the fact that the concept of using non coin based currency system has a long history.


These services are many and it’s up to the customer’s choice to choose the best or register with all the net works that include MTN mobile money for MTN network, Orange money for Orange network, Warid pesa for Warid and Airtel money for Airtel.


According to Dorothy Kisitu, a Mobile money agent in Kasubi, Kampala, many people have adopted to the use of mobile money services in that she attends to more than 50 customers sending and receiving money from her shop in a day.


Tom Kaddu , a mobile money agent and a phone dealer told our corp that Ugandans use these services very well ever since they were introduced in the country. He gave an example of himself making sure that every customer who buys a phone takes it when the line is already registered with at least one mobile money service.


Atim Grace sells lines on Kampala streets and she is also a registration officer. She noted that people are registering for mobile money every day that shows an increase of mobile money users in Uganda.


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