Uganda is yet another success story of steady transitioning from payments made through hand to hand exchange to online mobile payments. Businesses and their clients no longer need to pay physically for services rendered.
Ugandan businesses appeal to their clients through the use of mobile money – a mobile phone induced payment platform that enables people to make payments to businesses using mobile phones at the convenience of where they are.
Foreign companies joining the market need to understand that mobile money is the most convenient way to get payments made for their services. Other modes such as cards and banking systems are used by less than 15% of the population because with mobile money, one can make transactions wherever they are and at any time since at least everyone owns a mobile phone registered to mobile money.
Foreign businesses coming into Uganda might not be used to the country’s MTN and Airtel mobile money services but can still benefit from the Ugandan demand through the use of Dusupay. Dusupay helps businesses accept payments from people in Uganda from their mobile money and get to receive the payments on modes convenient for them using Dusupay.