SIMPAY Simplify Digital Payments for Bank Customers.

In Uganda, data and digital revenues grew by 2.2 per cent to rake in 635 million South African rand (Shs 170.5bn). That revenue base could, however, face stiff competition from the emergence of financial technology solutions such as Mobinet’s SIMPAY and Mastercard Masterpass QR, both of which simplify digital payments for bank customers. Financial technology solutions are partly meant to reduce banks’ reliance on mobile telecom firms.

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