Uganda to Get Mobile Money ServiceUganda to Get Mobile Money Service

MUMBAI -- Obopay, a leading mobile banking and payment solution provider globally, today announced its collaboration with Warid Telecom, an Abu Dhabi Group company. Together the companies are set to launch a mobile banking and payment service, Warid Pesa, in Uganda. Launched in the wake of growing demand for mobile payments in Uganda, Warid Pesa provides a prepaid account that enables customers to perform e-money transactions, pay for goods and services as well as settle accounts.

Warid Pesa is based on Obopay's proven open and interoperable mobile money solutions, which now support millions of customers globally for some of the world’s largest brands. Obopay’s platform enables a comprehensive range of use cases that drive incremental transactions and revenue providing a bridge between new and existing payment technologies. The service enables new channels of distribution for offering financial services that are useful in areas with income disparity. It can be used on any device - even on inexpensive pre-paid mobile phones – and the graphic interface has been given a simple design so that anyone can access it easily.

Obopay Inc.