'Mobile Money' is was launched in February this year by MTN Rwanda and has grown to 30,000 active subscribers since. MTN spent over $2M to build and launch the service.
Kigali — About Rwf60 million has been moved in daily transactions, with the use of the 'Mobile Money' facility, a month after it was launched, MTN Rwanda officials said last week.
Andrew Rugege, the MTN Chief Executive Officer (COO) told Business Times on Friday that daily transactions had increased since the 'Mobile Money' platform was launched and added that active subscribers are close to 30,000 of the over 1 million MTN mobile clients.
"The majority are active mobile money customers who have been on MTN. We have a good number who have come on board since we launched because of this value added service," Rugege said.
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