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MCASH Receives Pay tech Awards 2024 as the Best Contributor to the Economic Mobility in Payments

Kizito Moses Buule by Kizito Moses Buule
1 year ago
in Business
1 1
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MCASH UGANDA  have received a prestigious Paytech award 2024 for our outstanding contribution to the Economic Mobility in Payment.

The Paytech Award is an important recognition for Mcash Uganda’s commitment for their products such as M-Cash Wallet, which allows Cash in/Cash out and transfer, VAS, which sees Utility Payments, Pay TV, PayTax, Airtime, M-Cash, for Bulk Payments, Bulk Collections (API and Merchant Code Channels) and Last Mile Solutions, including Agency banking, E-KYC, Agrilink – E-Commence, E-Voucher, Farmer Traceability and SACCO Management. These are intended to Bring Banking Closer to you.

They also serve farmers, unbanked to banking services, giving users the opportunity to access formal financial services that were previously inaccessible to them.

E-KYC,  is for farmers, agro-input dealers and trader enrolment and profiling, boosts features like geo-tagging, National ID barcode scanning and offline mode capability.

E-Commence, has enabled farmers to purchase seeds, fertilisers, herbicides, pesticides and post- harvest inputs from suppliers and manufacturers through our online platform, by eliminating the need fro physical travel, our E-Commerce platform has reduce transaction costs and improved efficiency of the input supply chain.

Agency Banking delivers vision to provide convenient, secure and affordable mobile services to the banked and unbanked population, through leveraging third party service providers (Agents) to extend access, inclusion and reach of financial services to remote areas where brick- and – mortar branches are expensive to operationalise.

E-Voucher, this system was developed for farmers’ access to authentic and subsidised farm inputs. The system includes digital supply chain and a payment platform that links farmers directly to afro input dealers and financial institutions.

Other top notch services are Bulk Payments, we provide fast, safe and affordable payment solutions to M-Cash

Bulk Collections, This helps clients who require efficient means of collecting payments from their users, we offer reliable collections services.

Value Added Services (VAS) for Utilities such as Umeme, National Water, Airtime, School fees Payment.

“With the above solution oriented systems that is why we are Paytech award winners. We have previously been recognised by AFRICA- KOREA AgTech Innovation Summit in recognition of our outstanding proposal in the Africa-Korea Ag-Tech Challenge 2023, Certificate of Innovation for participating in the disruptive Agricultural technology Innovation Challenged 2019,Honorary Mention in recognition of our outstanding proposal in the Afric-Korea Ag-Tech Challenge in Kenya 2023′” They said in a press release.

The Banking Tech Awards UK for Best Contribution to Economic Mobility in Banking/Finance by Banking TECH AWARDS 2022. PAYTECH AWARDS 2024.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
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Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

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