★ PREMIUM
Business

BoU asks public to opt for cashless transactions

The BoU official appealed to Safeboda management to sensitize the public about the initiative and its relevance because the e-money system saves time and risks.

Natasha Namyalo, an employee of SafeBoda showing Rogers Kauma Nsereko, the Kampala Metropolitan Traffic Police Commander, how their customers issues are handled. Photo by Michael Odeng
By: NewVision Reporter, Journalist @NewVision

The Bank of Uganda (BoU) has appealed to the public to use cashless transactions, saying it is less expensive.

“Payment using cash is expensive and still a predominant method of

Login to begin your journey to our premium content

Tags:
Bank of Uganda
Safeboda
Cashless transaction
Banks
Mobile money
VisionUpdates