NSSF cus­tomers to pay us­ing MTN mo­bile money

ELEC­TRONIC Sur­vey says that 67pc of peo­ple pre­fer op­tion be­cause of ease of trans­ac­tions

Business Daily (Kenya) - - REGIONAL BUSINESS - BD Cor­re­spon­dent in Kam­pala

MTN Uganda and Na­tional So­cial Se­cu­rity Fund (NSSF) have an­nounced a part­ner­ship that en­ables pay­ment of so­cial se­cu­rity con­tri­bu­tions us­ing mo­bile money.

This fol­lowed a sur­vey by NSSF Uganda last year where 67 per cent of the peo­ple con­tacted men­tioned mo­bile money as a pre­ferred and eas­ier op­tion when re­mit­ting their con­tri­bu­tions.

“In the last eight years, MTN Mo­bile Money has had sig­nif­i­cant im­pact in the trans­for­ma­tion of peo­ple’s lives. Now we are fur­ther en­abling peo­ple to pay for their NSSF con­tri­bu­tions us­ing MTN Mo­bile Money.

“This will en­able a sig­nif­i­cant part of our cus­tomers to pay their pen­sion and en­sure they don’t re­tire into poverty,” said Mr Wim Van­helleputte, CEO MTN Uganda. He said that 8.8 mil­lion Ugan­dans are en­rolled on MTN Mo­bile Money, which en­sures NSSF cus­tomers money safety. Mr Richard Byaruhanga, the man­ag­ing di­rec­tor NSSF Uganda, said MTN Mo­bile Money can be used by both vol­un­tary con­trib­u­tors and es­tab­lished en­ti­ties

“We also launched the Vol­un­tary Con­tri­bu­tions Plan to pro­vide an op­por­tu­nity to work­ers not cov­ered by the manda­tory pro­vi­sions of the NSSF Act,” Mr Byaruhanga said.

Newspapers in English

Newspapers from Kenya

© PressReader. All rights reserved.