2019 Afcon: Cranes depart for Egypt
June 17, 2019
Top Jobs at UIA, Min of Health, Tropical Bank, UNICEF, USAID, CNOOC, Kole & Namayingo DSC
June 17, 2019
Show all

FIGURES INSIDE: MTN slashes Mobile Money sending fees by more than half

By Francis Otucu

MTN Uganda has Monday confirmed slashing of mobile money sending fees by more than half in a new promotion aimed at giving back to their customers.

MTN Uganda Chief Executive Officer Wim Vanhelleputte said the new offer that will run for eight weeks is in line with MTN’s commitment to driving financial inclusion in Uganda while delivering easier and more affordable services to its customers.

“MTN mobile money is an easy to use mobile money transfer service that is fast and reliable, with transactions being completed in seconds so we are happy to be offering our customers even more reason to use the service as we celebrate their continued patronage,” Vanhelleputte said at the launch.

Vanhelleputte said that MTN has over the years given back to the Ugandan communities and to her loyal customers and continues to do so with Joy. “We have built the largest and most robust network and continue to invest significantly to always delight our customers with great, affordable, efficient, safe and convenient offers.”

“MTN Uganda is passionate about enabling greater connection between people. By giving back to our customers through this half price promotion, we will be enabling people to do more in their relationships by further providing the wide and crucial financial services at affordable rates,” Vanhelleputte explained.

MTN Mobile Money, the first and largest mobile money service in Uganda has been at the forefront of financial inclusion in Uganda since it was first launched several years ago.

MTN mobile money currently enjoys the ‘lion’s’ share of Mobile Money market with over 8.8 million mobile money subscribers. Since its inception, the service has seen over 30 trillion shillings in transactions.

Facts about the Promo:

  • The promo offer applies to only sending money from MTN to MTN numbers
  • To send money, customers dial *165*1#




  • The promotion is open to all MTN Mobile Money customers
  • Customers can send money at half price across all tiers to other MTN customers
  • The promotion takes effect on June 17, 2019.


 MTN mobile Money was launched in Uganda several years ago. At the time, it was just a send and receive mobile money service which many feared would not be accepted because of the strength of cash at the time. As you may know, they say old habits die hard but 10 years later the revolution driven mainly by the convenience of mobile money is complete.

Since its launch, the service has taken off and has become the easiest and most convenient way to send money and transact business not only within Uganda but across borders. Today, one can literally carry out any financial transaction using MTN mobile money and the people of Uganda continue to embrace every additional innovation we have made to the service.

Today, MTN have in excess of 8.8million subscribers using MTN Mobile Money and we have seen over 30 trillion shillings in transactions since launch.

“That’s a lot of confidence from our customers which we need to appreciate,” Vanhelleputte said adding, “We have built the largest and most robust network and continue to invest significantly to always delight our customers with great, affordable, efficient, safe and convenient offers.”

Mobile Money has also evolved from just being used to send and receive money. It can now be used for shopping through MoMoPay, saving and borrowing with MoKash and making bill payments and TV subscription among other uses.

“Therefore encourage our customers to take advantage of this offer as we continuously make improvements and innovate to make MTN MoMo the best electronic mobile transfer service,” he added.

Leave a Reply

Your email address will not be published. Required fields are marked *