• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Ericsson Case Study Shows Mobile Money Growth in Uganda

July 11, 2016

Ericsson is celebrating the growing popularity of mobile payments in Uganda. In a new case study, the company outlines how its partnership with MTN Uganda, a division of South Africa-based telecom MTN Group, is helping to drive the mobile money industry.

Ericsson Case Study Shows Mobile Money Growth in Uganda While MTN Uganda’s mobile transaction services have enjoyed considerable popularity over the last several years, they also led to service outages and fraud concerns, Ericsson says. That’s why the company adopted the Ericsson Wallet Platform in September of 2014. At that time, says MTN Uganda General Manager Mobile Financial Services Phrase Lubega, the company had 3.1 million “active subscribers”, and by the end of the following year that number grew to 4.7 million; moreover, “it’s now history to hear about service outages because of capacity.” Meanwhile, electricity company Umeme has seen a 50 percent increase in mPayments since the launch of Ericsson Wallet Platform support, with Ericsson suggesting that this is just one example of how merchants have benefitted.

The positive trends have been noted elsewhere, too. Last summer, a report from Juniper Research highlighted MTN Uganda in a report on the growing mobile money transfer market, noting that 10 percent of the company’s revenues were coming from this area. And considering that in its new case study, Ericsson notes the positive impact of 2016 legislation that should further encourage Uganda’s mobile money industry, it appears that further growth is in store. It’s a trend that’s playing out elsewhere in Africa, too—via Ericsson’s solutions and others—and may suggest growth for mobile payments in the continent and beyond in the months and years to come.

Filed Under: Industry News

Related News & Articles

Yoti Brings FRANKD to Scottish Tech Accelerator

Gemalto to Secure Communications Data for Faraday Future Electric Smart Cars

Biometric Remote Control Features IDEX Fingerprint Sensor

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • FCC Tells Apple and Google to Get Rid of TikTok
  • Yubico Offers Subscriptions Through AWS Marketplace
  • Saskatchewan Privacy Commissioner Urges Development of Optional Digital ID
  • Wearable Authentication Company Closes $13 Million Funding Round
  • Fobi and Barnet Unveil New Digital Wallet Loyalty Solution

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld