WorldRemit Expands to Offer Mobile Money Service in Uganda

$733 Mn of remittance payments were sent to Uganda through formal channels in 2012, amounting to 3.7% of the country's GDP, according to the World Bank. On 7th May 2014, it was announced that WorldRemit has expanded its service in Uganda to enable customers to transfer money to mobile wallets. The global online money company is set to provide this new service i ...

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