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Smart Telecom services assist mobile banking in East Africa

Tuesday 5 July 2016 11:46 CET | News

Smart Telecom has launched its mobile money service SMART PESA to support mobile banking sector on the Uganda market.

SMART PESA will enable financial inclusion in Uganda according to Smart representatives. The service enables customers to send and receive money, deposit and withdraw cash, and make bulk payments such as salary disbursements. In the future, customers will be able to access micro credit and micro savings accounts in SMART PESA.

Smart Telecom entered the African market in 2014 and has been growing in triple digits each year since its launch, according to busiweek.com. SMART PESA is available in Uganda, Burundi and Tanzania. 


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Keywords: Smart Telecom, mobile banking, mobile payments, SMART PESA, digital banking
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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