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Table 2 Current mobile money services being offered in Uganda

From: Determinants of private sector credit in Uganda: the role of mobile money

Product/service

Status

Domestic Transfers/Remittances P2P

Live

Merchant Payments – enabling SMEs and Corporates to receive payments P2B

Live

Statutory payments (Taxes) P2G

Live

Bulk Payments: Salaries, wages B2P e.g. Sugar, Tea and Construction firms

Live

Micro Loans and Savings

Pilot

Group wallets for SACCOs and VSLA

Pilot

Cross border

Live

Mobile banking; transfers from bank account to M-wallet

Live

Government payments (Social Benefits) G2P

Live

  1. Source: Bank of Uganda, 2016