MTN Uganda has waived some of the mobile money transaction fees in order to prevent the transition of Corona Virus.
This was after consulting the Central Bank and some other partners in the MTN company.
The fact that handling of physical cash is one of the ways that the virus spreads, the company has encouraged people to use mobile money instead of cash.
The emergency transaction fees will be therefore be effect from midnight on Thursday 20th March 2020 and remain in place for a period of 30 days.
There will be no mobile money transaction charges for Peer to peer (P2P) MTN to MTN transaction below UGX 30,000.There will be no charge for the wallet to bank (W2B) or bank to wallet (B2W) transactions.
This is dependent on partnership with commercial banks to ensure transactions are zero rated on both subscriber and bank wallet.There will also be no charge for all MoMo pay transactions for customers and merchants