Rwanda goes cashless with Mobile Money

MoMo MonthFrom PHYLLIS BIRORI in Kigali, Rwanda
KIGALI, (CAJ News) – MTN Rwanda has launched a month-long campaign aimed
at driving a cashless economy with Mobile Money.

This year’s Mobile Money Month celebration is themed “Let’s Go Cashless” and will be marked by a series of events countrywide expected to deepen awareness and educate Rwandans about the benefits of MTN Mobile Money.

Mobile Money subscribers will be able to enjoy a 20 percent bonus on airtime bought via Mobile Money, send money to Uganda, Kenya and Zambia for free as well as enjoy free bank push and pull services, among other offers.

Norman Munyampundu, General Manager of MTN Business said, “This campaign
aims to celebrate the endless possibilities the service offers and highlight the benefits of Mobile Money to individuals and businesses both small and large.”

Munyampundu says the MTN Mobile Money platform has significantly contributed to the national economic strategy on enhancing cashless transactions that offer convenience and security. “MTN Mobile Money has helped to unlock opportunities in digital space for corporate entities, organisations and all sectors within the Rwandan Economy,” adds the
executive.

MTN Rwanda, with 4 million subscribers, boasts over 1 million active Mobile Money users making over 7 million transactions per month, with a monthly transaction value of Rwf 70 billion (US$86,5 million on its MobileMoney platform.

CAJ News

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