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Uganda : BANK OF AFRICA launches new Mobile Banking Service in UGANDA

April 29, 2014

Bank of Africa launch a new mobile banking service in Uganda. The name of this service is Dubbed mobile Wallet. This service is applicable for bank of Africa's Account and Non-Account holders for money related transaction.

Account holders can fill money onto the mobile wallet from any of the 34 BOA branches countrywide or at ATMs. When account holder will use this service for sending money, the recipient will receive a notification of the transaction showing the amount received and a reference number to be used to withdraw the money from any BOA ATM.

The recipient will be required to call the sender and get a PIN, which must be entered to authorize the withdrawal. The BOA platform is independent of any telecommunication network's mobile money platform.

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Source: TendersInfo (India)

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