KAMPALA: 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. 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. BM ShortURL: http://goo.gl/6NCmH Tags: Telecom, Uganda, Warid Section: East Africa, Tech
