Tuesday , November 12 2024

Tag Archives: National Payment Systems Bill

Bill to regulate mobile money transactions gets committee nod

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of Parliament has approved a bill which seeks to provide for supervision and oversight of mobile money transactions. Currently, Uganda does not have a comprehensive payment system law. As a result, there is limited regulation and oversight of payment systems and …

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Gov’t moves to regulate financial technologies

Kampala, Uganda | THE INDEPENDENT  | The government is mooting to regulate electronic payment services and products offered mainly under new Financial Technologies also referred to as Fintech. Fintech refers to the integration of technology to allow companies provide digital financial solutions that ease transactions with just a tap of …

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