Enabling a Harmonized Merchant Experience in Uganda

Ken Kinyua of Kopo Kopo Inc. in the U.S. has developed a software platform that gives particularly lower-income merchants in Uganda the possibility to receive every type of mobile money service on the market by registering with only one bank. This will promote the use of mobile money, which will also benefit the banks and mobile network operators, and both simplify and secure transactions for both the merchants and the consumers. They have licensed their software to a partner bank and will support implementation and uptake by providing personnel to establish the necessary services and expertise, and by advertising the facility to prospective merchants.