ONLINE UGANDA Fintech firm MFS Africa granted payments licenses to operate in Uganda 5 months ago Iwo Bulski Post Views: 191 Financial services provider MFS Africa has been granted licenses to operate in Uganda as a PSP (Payment Service Provider), PSO (Payment Systems Operator), and IPI (Issuer of a Payment Instrument). The new development allows the company to widen its portfolio even as it seeks to leverage technology in offering financial services. MFS has been in operation since 2009 offering a wide range of services to digital stores and individual customers. The organization’s full-service digital payments network connects over 400 million mobile money wallets, over 200 million bank accounts, and over 200 000 agents in Nigeria to enable cross-platform and cross-border payments for remittance companies, mobile network operators, banks, non-bank financial institutions, and global merchants. Commenting on this development, Doreen Lukandwa, VP of Global Enterprises at MFS Africa said, “As the largest digital payments hub on the continent, MFS Africa rails provide our partners access to innovative, convenient, secure, affordable, and compliant solutions to help our enterprise customers navigate multiple currencies, regulatory requirements, domestic and cross-border payments, treasury services, and expeditious settlement across numerous African countries.” CEO – Dare Okoudjou The company said in a statement that it will pay more efforts to use innovation for service delivery. “By bringing this solution to Uganda, MFS Africa is reaffirming its acute awareness of the vast potential the region and continent hold. Cultivating an environment for this with the offering, through fast, secure, and trustworthy services that enable small and large companies to quickly scale, drive operational excellence, and access capital, will only yield fruitful results, “ – a statement from the company said. Source: techtrendske.co.ke About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: MFS, mobile money, Uganda Continue Reading Previous EveryMatrix Seals CasinoEngine Deal with KingMakersNext Playtech and Mansion reinforce partnership with new market launch More Stories ONLINE SOUTH AFRICA Best Highroller Casino South Africa 2023 1 day ago Szarlot MAURITIUS ONLINE Illegal games via TikTok: light on a growing phenomenon 3 days ago Szarlot NIGERIA ONLINE Are Offshore Casinos Competing for a Share of the Nigerian Gambling Market? 3 days ago Samuel ONLINE The Impact Of Mobile Gaming On Africa’s Online Casino Industry 6 days ago Iwo Bulski GAMES ONLINE Rabbit Garden 6 days ago Samuel NIGERIA ONLINE The Legal Landscape for Nigerian Online Casinos 1 week ago Samuel ONLINE WORLD NEWS TVBET enters distribution agreement with Golden Matrix Group 1 week ago Iwo Bulski NIGERIA ONLINE Three Most Popular Payment Methods For Online Casinos 1 week ago Samuel ONLINE WORLD NEWS Slotegrator expands into Greece, Romania, and more with 1X2 Network 1 week ago Iwo Bulski KENYA ONLINE The rise of eSports in the Middle East and North Africa 1 week ago Szarlot BETTING UGANDA Gambler accuses betting firm betPawa of refusing to pay his sh10m 1 week ago Szarlot BETTING UGANDA Pastor closes church after winning over 100m from sports betting 1 week ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.