AllAfrica publishes around reports a day from more than news organizations and over other institutions and individualsrepresenting a diversity of positions on every topic. This, he said, had already affected his income and expected targets. Almost finished All rights reserved. However, she said, she had had good income from selling electronic airtime through mobile money contrary of scratch cards where she would earn Shs for every Shs10, airtime. The highest amount of cash you can withdraw is Shs7, and it used to cost Shs49, to withdraw a sum in the range of Shs4m to 7 million. Sign up for free AllAfrica Newsletters Get the latest in African news delivered straight to your inbox. For instance, according to the message, an agent will earn Shs10, for a Shs4m or Shs7m deposit down from Shs12,
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Mobile money Uganda agent commission fees for MTN and Airtel networks Dignited
You could start a bank today anywhere without having so much paper work, ATM machines, Liquid cash or approval from Bank of Uganda. MTN Uganda's MobileMoney, but will be sure to put. commissions, and per-customer technology licensing fees.
In the second year of operations, variable and.
The lowest amount of money you can withdraw through a Mobile Money agent is Shs and it used to cost Shs to withdraw any amount in the range of Shs Related Items:.
For instance, government has proposed an increase of mobile money Excise Duty from 10 per cent to 15 per cent.
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Introducing OlyCash, a gateway shaping remote financial transactions in Uganda. Nowadays the commission is too small and I do not know why," Ms Doreen Namuto, a mobile money agent, said.
Airtel Uganda has stipulated in the new commission structure that MTN Uganda, which has over half of the total mobile money market in.
The lowest amount of money you can withdraw through a Mobile Money agent is Shs and it used to cost Shs to withdraw any amount in the range of Shs Asked about the impeding changes, Mr Val Oketcho, the MTN communications and corporate affairs manager, asked that we wait for the press briefing today.
Retailers will earn only 4 per cent from online transaction down from 6 per cent, according to the new structure. Almost finished Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
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Kampala — Telecommunication companies have cut agent commission for both airtime and mobile money services.