By Our Reporter

MTN Mobile Money customers with accounts in dfcu Bank can now deposit and withdraw money from their Mobile Money wallets directly to their bank accounts conveniently on their phones. This follows the launch of the dfcu MobilePlus service in a strategic partnership between the two brands.

With the Bank Deposit and Withdraw service, MTN is looking at further extending affordable financial services on the phone in simple ways that customers can use easily. The deposit and withdraw service means that customers can save time that is otherwise spent in long queues in banks or in traffic jams moving to and from Banks.

Speaking at the launch event, MTN CEO Brian Gouldie said, “Our mission this year has been to embed MTN Mobile Money into the fabric of society. MTN prides itself in the ability to identify and meet customers’ needs. dfcu’s MobilePlus further enhances financial access by reducing the cost of banking while delivering convenience that we believe ultimately leads to increased productivity.

About the Author

Nyambura is a senior journalist based in Kampala

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