Obopay collaborates with Warid Telecom to offer Warid Pesa

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Obopay has announced its partnership with Warid Telecom to launch a mobile banking and payment service, Warid Pesa, in Uganda. Warid Pesa is said to provide a prepaid account that enables customers to perform e-money transactions, pay for goods and services as well as settle accounts in the wake of growing demand for mobile payments in Uganda.

Warid Pesa is believed to be based on Obopay's proven open and interoperable mobile money solutions, which now support millions of customers globally for some of the world's largest brands.

Obopay's platform is supposed to enable a comprehensive range of use cases that drive incremental transactions and revenue providing a bridge between new and existing payment technologies.

The service also enables new channels of distribution for offering financial services that are useful in areas with income disparity. It can be used on any device - even on inexpensive pre-paid mobile phones - and the graphic interface has been given a simple design so that anyone can access it easily.


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