Airtel slashes transaction rates

By Moses Kidandi

Mobile phone company Airtel lowers money transaction rates.

Airtel Uganda has reduced money transfer rates for its customers by 79 percent.

The offer which takes immediate effect will see customers enjoy a reduction of person to person withdrawal charges by 79 and 60 percent which is the most competitive rate on market right now.

The massive reductions will apply to all transactions between one million and seven million shillings.

By lowering rates Airtel wants the see an increase in the number of mobile money users and improve access to affordable and basic financial services across the country.