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Uganda’s Warid: “Mobile money moving faster than expected”

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Uganda’s Warid Telecom says that the first stages of its mobile money registration process has been reportedly solid, a top official told media on Monday. The goal of mobile money is to provide users an easy way of managing their funds, as well increasing purchasing power.

Warid Telecom says that the first stages of its mobile money registration process has been reportedly solid (image: stock.xchng)

Shailendra Naidu, the telecom company’s commercial officer said that Warid has launched a new facility to create a better management process to assist users and customers without difficulty.


Users in the country appear pleased with the overall progress of mobile money in the country, with customers saying they are excited to deal with their accounts via their mobile phone device.

“It is really exciting to see this happen finally,” said David Nagande, a lawyer in Kampala. “Now I have full access wherever I am and am able to deal with things much quicker.”

Naidu said the company is pleased with the amount of subscribers who have already come on board. “The numbers are overwhelming though I won’t mention how many customers and agents we have so far, but the number is far above what we expected,” Naidu added.

Warid is the fourth Ugandan operator to bring out mobile money, following Airtel’s ZAP and UTL’s M-sente. France’s Orange Uganda said it would launch mobile money in the near future. Mobile money gives users the ability to send and receive payments. MTN controls 80 percent of the mobile money sector in Uganda.

Andrew Matapare

1 COMMENT

  1. Indian Telecom Industry missed the bus in Pay by Phone VAS.
    Posted on January 10, 2012

    While Pay by Phone VAS is catching like wildfire across the world, the Telecom Industry in India had missed the bus due to their rigid stance that do not allow them to come together for a common cause.

    I am astonished to see how the Telecom Network Operators and Service providers can remain mere onlookers while the revenue from Pay by Phone VAS generated using their Subscriber base, Systems and Network set up at very high CAPEX & OPEX is being hijacked by external Industries, Business houses and Service providers.

    I have been shouting from roof top for over ten years about this now. I wrote personally to DOT, TRAI, RBI etc. etc. in India to do something, time and again, but in vain. While I am thoroughly disgusted about the dismal situation on this field in India, delighted to see disparate Pay by Phone products and services are being implemented in most of the countries abroad.

    Partially the delay in taking of Pay by Phone NFC in India is due to Government’s wrong policy and indecision and may be confusing it with ‘Mobile banking’ and hence not allowing the Telecom Service Providers and other Industries to take it up as an un-banked service.

    Please read my article on this: http://wp.me/p1ZsI2-d

    Abraham Paul.

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