Article

  Comment(0)

 
Share:    Email  

Housing Finance rolls out mobile banking services

Samson Baranga

Friday, May 11, 2012 - 06:58

Housing Finance bank has come up with an innovation that is likely to change the face of banking in Uganda. The M-Cash account, introduced last week, is bound to attract more Ugandans into the banking industry, reduce the reliance on bank branches, and limit the bank’s operation costs.

Housing Finance bank has come up with an innovation that is likely to change the face of banking in Uganda.

The M-Cash account, introduced last week, is bound to attract more Ugandans into the banking industry, reduce the reliance on bank branches, and limit the bank’s operation costs.

The account can be accessed using a mobile phone. There is also an option of using a prepaid account card, M-Card, which uses the latest Near Field Communication (NFC) technology.  The account also uses fingerprints or PIN numbers as security features.

MobiCash Africa is the technology solution provider for this platform. This platform facilitates transactions such as buying airtime, paying utility bills, school fees, fuel and online shopping.

Read the full story by clicking the link below
http://www.observer.ug/index.php?option=com_content&view=article&id=18654:housing-finance- rolls....
 
Tags: Mobile Banking, NFC, EMEA, Uganda, Air Time Recharge, M-Cash, Housing Finance Bank, MobiCash Africa

Sponsored Links
 

 

  Article

   Comments(0)

 
Login or register to post comments
[Show comment]

FEATURED EVENTS

Mobile Money Africa 2014Digital Banking Summit
PayExpo 2014 

Stay Connected

 
Sign Up for the Latest in:
 
 
Mobile Money Transfer
Mobile Commerce
Micro Finance
Mobile Technology
EMEA
APAC
Mobile Payments
Mobile Banking
Mobile Marketing
Global
Americas
Company
(*)
 

MOST POPULAR

HEADLINES

1.Mobile payment startup Square plans sale as losses widen: Report
2.Square acquisition rumours raising questions about mobile payment
3.How Africa Beat the West at Reinventing Money for the Mobile Age
4.The Mobile Commerce Roadmap: MasterCard Takes Initiative
5.Blue Rocket Announces The Next Wave of Mobile Payment Technology
6.6 Mobile Marketing Must-Have’s
7.Mobile wallet marketplace in China adds another key player
8.Get ready for digital signatures
9.WeChat and Its Mobile Commerce Potential
10.No longer just a factory, China is a mobile leader

FEATURED COMPANIES

MOST POPULAR

BLOGS


 
 

Mobile Financial News from around the web

 
 
 

Inside the DonRiver Network