Exploring the Potential of Mobile Money Transactions to Inform Policy

PROGRAMME AREA: Economic Well-beingSUMMARY:The rapid growth of mobile money in Uganda is benefiting both micro and macroeconomic segments of the economy by complementing and improving the outreach of financial institutions across rural and urban areas. M-money usage has been growing exponentially since the service was first introduced in 2009. People use the service for domestic money transfers, to buy airtime and to pay bills, among others.