• EDITORIAL POLICY
  • ABOUT US
PML Daily
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
PML Daily
No Result
View All Result
Home BUSINESS

MTN, Airtel resume mobile money services between the two networks

TRACY TEDDY NAYIGA | PML Daily Staff Writer by TRACY TEDDY NAYIGA | PML Daily Staff Writer
October 12, 2020
in BUSINESS
0 0
1
SHARES
315
VIEWS
FacebookWhatsAppTwitter
MTN Uganda and Airtel Uganda Executive Directors Wim Vanhelleputte and VG Somasekhar respectively (PHOTO/File).

KAMPALA – MTN Uganda and Airtel Uganda have resumed mobile money services between the two networks, PML Daily has learnt.

Mobile Money services between the two networks were suspended after unidentified hackers on October 3, broke into the systems of Pegasus Technologies, a company that integrates mobile money transactions between telcos, banks, and other local, regional, and international money transfer services, making off with a yet to be known sum, but said to be in billions of Shillings.

The most affected firms were the leading telcos, Airtel and MTN Uganda, as well as Stanbic Bank, Uganda’s largest bank that also backs up most of the mobile money transactions.

In a joint statement released October 12, Wim Vanhelleputte Chief Executive Officer MTN Uganda and VG Somasekhar Managing Director Airtel Uganda said that customers can now send and receive money across both networks.

“We apologise to all customers for any inconvenience this may have caused and reiterate our commitment to delivering secure and seamless mobile money services,” the duo said.

They however added that the system incident had no impact on any balances on both Bank and Mobile Money accounts.

Comments

Tags: airtel ugandaMTN ugandatopVG SomasekharWim Vanhelleputte

Related Posts

Security forces keep surrounding Bobi Wine's home despite Court order to vacate (PHOTO/Courtesy).
NEWS

Security personnel refuse to vacate Bobi Wine’s home despite court ruling

January 25, 2021
56
Some of the polling kits (PHOTO/Courtesy).
Politics

COUNTRYWIDE: Late delivery of voting materials, mix-up of ballot papers mar division mayors’ polls

January 25, 2021
55
The newly elected executive of the Uganda Court Bailiffs Association (PHOTO/Courtesy).
NEWS

New bailiffs association executive sworn-in

January 25, 2021
47
Vincent Bamulangaki Ssempijja, the Minister for Agriculture
NEWS

Masaka court orders partial election recount after MP loser Sssempijja alleged irregularities

January 25, 2021
119
Merck K. Kainobwisho, the Registrar General (Front Row 2nd L) in a group photo with the URSB Senior Management team during the strategy retreat (PHOTO/Courtesy).
NEWS

Mercy Kainobwisho unveils her vision for the future of URSB as Registrar General

January 25, 2021
63
CP Fred Enanga, the Police Spokesperson addressing press at Uganda Media Center on Monday (PHOTO/Courtesy).
NEWS

We shall withdraw from Bobi Wine’s home but keep him under surveillance – Police

January 25, 2021
106






 

 

About

The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda.

Follow us

KIU

  • EDITORIAL POLICY
  • ABOUT US

© 2020 PMLDAILY.COM

No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines

© 2020 PMLDAILY.COM

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In