MUST READ: MTN Uganda to slash Mobile Money Rates

A few weeks back, MTN Uganda announced a major milestone of hitting 1million Mokash users in a period of 70 days which is somewhat impressive. Well MTN Uganda is not about to stop. As the year comes to an end, MTN Uganda are reportedly set to slash their Mobile Money rates ahead of the festive season. The giant yellow telecommunication will be announcing a slash in their Mobile money rates and the new rates that will be charged for Mobile Money transactions are an early christmas of sorts for the MTN customers as the development is aimed for the festive season which is around the corner.

The particular segments whose rates have been slashed are the ones that have registered the highest number of transactions(About 2,000,000 transactions) giving MTN the largest revenue. In details that this blog exclusively obtained, the new rates that will are as follows;

Amount	Current Rate	New Rate
500- 2500	500	180
2501- 5000	500	350
5001- 15000	1000	600
15001- 30000	1000	800
30,001- 45000	1100	1000

 

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