Late October MTN and Crane Bank launched a mobile money cash out ATM service and seems Uganda’s telecom Giant has not just stopped there. This time round they have partnered with Interswitch Uganda to further increase their ATM Cash out footprint by allowing customers to cash out at all Inter switch ATMs across the country.
Speaking at the launch at Serena Hotel, MTN Uganda’s Chief Marketing Officer, Ernst Fonternel, underscored MTN’s mission of making the lives of its customers a whole lot brighter through convenient and cost effective solutions such as access to MTN Mobile Money through ATM platforms.
“MTN Uganda’s market leadership continues to be driven by our investment in extensive coverage coupled by superior quality on Voice and Data, while offering innovative Value Added Services and putting customers first. We are very pleased to be entering into this partnership with Interswitch which will give our customers significantly improved access to their money on a fast growing network of ATMs across Uganda”.
Interswitch Chief Executive Officer Muyiwa Asagba said,
“We are delighted to be working with MTN Uganda to provide their customers with even greater access to their money via the MTN Mobile Money platform. At Interswitch we are firmly committed to rolling out our electronic payment and transactions services across Uganda. This agreement is the latest step in our mission to improve convenience, financial inclusion and encourage even faster economic growth across the continent.”
According to the Central Bank, Mobile Money transactions totaled Ushs 11.7 trillion in 2012, which was a 211% increase since 2011. Interswitch Uganda, is one of East Africa’s leading integrated payments companies.