Last updated on September 11th, 2021 at 02:59 pm
Mobile phone giants, MTN, are tweaking their tariffs in the area of mobile money transfers in some African countries with the aim of reducing contact with cash amid the coronavirus pandemic.
The latest developments are in Uganda and Cameroon where the operator is waiving costs on transfers done with their mobile money platform. The MTN Uganda offer included among others:
MTN Cameroon said the suspension of payment of fees starts today: “Within the framework of its response plan to the health crisis caused by the Coronavirus / COVID-19, MTN Cameroon announces the suspension, effective Friday, 20 March 2020, of the payment of fees on money transfers between MTN Mobile Money accounts.
“This measure suspending the payment of fees concerns money transfers for amounts up to 20,000 FCFA (twenty thousand francs). The measure will be limited to 3 transactions per day, per account, and will be valid for a period of 30 days. This may be reviewed based on the evolution of the health crisis.
“MTN Cameroon, by suspending the payment of money transfer fees between Mobile Money accounts, seeks to provide its support in the fight against this Coronavirus, by reducing the use of cash as much as possible, and favoring distance payments,” an official statement of March 19 read in part.
(AFP)
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