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Government is re assuring experts within the Financial Technology space that the New National Payments System, will not interrupt the rapid evolution of trade and commerce within IT platforms. Vincent Bagiire, the Permanent Secretary in the Ministry of ICT says the National Payments System set to become effective this December, seeks to ...

Effective today, those transacting on mobile money above one million will be required to present their identities. On the Link we speak to Mr. Andrew Kawere Deputy Director National Payment System department at the Bank of Uganda on why the regulation and more on The Link #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more ...

As digital payments worldwide accelerate, with over 6 billion people using them in 2024 alone, fraud is estimated to correspond with this enormous rise. Payment fraud globally is forecasted to cost e-commerce merchants $48bn this year, marking a 16% increase. To help you resist this, the Link this evening sits down with Douglas Bugeiga, a ...

A more secure digital payment solution that will enable businesses to have seamless transactions and payments online and offline, expanding financial access across the country, has been launched. In this, Housing Finance Bank has teamed up with Pesapal Uganda to empower SMEs and provide businesses with more collection channel options ...

Unlock the full potential of Uganda's Electronic Fiscal Receipting and Invoicing System (EFRIS) with our comprehensive guide. In this free video tutorial, 'Mastering EFRIS: Session 1', is your first step towards becoming proficient in navigating and utilizing EFRIS effectively. Whether you're a business owner, accountant, or tax professional ...

Bank of Uganda has forbidden the issuance of financial cards for borrowers and will now require financial institutions to use the national IDs of borrowers to identify them and, by extension, rate them and issue a credit score. This means that credit reference bureaus will use more than banking history to determine whether borrowers are ...

At this year's Africa Soft Power Summit, the panel "Payments Infrastructure as a Roadmap for Reimagining Africa’s Business Ecosystem" examined how payments, financial inclusion, infrastructure, and intra-African trade play a crucial role in fostering economic growth and connectivity across the continent. Speakers: - Rewhaoma Iche-Akarolo, SA ...

New Delhi, April 12, 2025 (ANI): In a major push to digitize citizen services, Uganda is set to roll out an Aadhaar-like digital identification system based on India-developed open-source technology and is exploring the adoption of Unified Payments Interface (UPI) to cut down transaction costs across the economy. In an interview with ANI ...

Discover how inclusive instant payment systems (IIPS) are transforming access to digital finance across Africa. This animated video explains how IIPS work—enabling secure, low-cost, real-time digital payments 24/7—and why they matter for individuals, businesses, and governments alike. Learn how IIPS support financial inclusion through open ...

Discover how to easily register for tax payments with URA using e-tax in Uganda. Step-by-step guide enclosed! #LearnTaxUg #ffebanno Uganda Revenue Authority(@urauganda). original sound - Uganda Revenue Authority. How to register for a tax payment with URA using e tax? Kano kali mu luganda ba dear. #LearnTaxUg ne Wamala. #ffebanno

Cabinet has resolved to raise the fees for change of particulars on a national identity card to 300,000 shillings. The current fee is 50,000 shillings. The application of the new fees will take effect when mass enrollment for new, and, or replacement of the old national IDs is completed in September.The Minister for ICT and National Guidance ...

You can settle your MTN Postpaid bill in a flash. You can use the MTN MoMo App of USSD code to pay anytime, anywhere. Details in this video.

Old Mutual Life Assurance has partnered with NxtPe and Airtel Money to launch a new digital payment solution that transforms how customers pay their life insurance premiums. The platform enables customers to pay insurance premiums instantly and securely via Airtel Money, with the added benefit of setting up standing orders directly from their ...

#brics #dollar The US, also known as the world's greatest bully, thinks that by imposing sanctions on any country that goes against its ideals, principles, and interests, it would be able to bend that country to its will. But the fact is that the US sanctions and domineering policies have only succeeded in making these countries detest the US ...

Understanding the National Payment System Act 2021 (“Act”). The Act, which was unanimously supported and passed by Parliament on 11 February 2021, forms the cornerstone of the reform of the Payment System in Fiji.

The Bank of Uganda has locked horns with its supervising Ministry of Finance over the origin of two spurious debt payment claims in which Shs52.2b was paid out to accounts of private companies in London and Tokyo. An independent probe sanctioned by the Central Bank implicitly places responsibility at the doorsteps of the Ministry. On the other ...

In this in-depth video, we explore the architecture of a global payment system designed to handle high transaction volumes for both merchants and consumers. We'll break down each component—from payment gateways to the service layer and data management, highlighting security, scalability, and low latency. This video is perfect for engineers ...

The South African Reserve Bank is working with its peers in the Southern African region to drive financial inclusion by digitising cash and making instant payments across borders an everyday reality. In this episode of the TechCentral Show (TCS), Tim Masela, head of the National Payments System department at the Reserve Bank – he has been ...

Are you a SASSA beneficiary? In this video, we dive deep into the upcoming rule changes for 2025 that could impact your payments! From eligibility criteria to potential adjustments in payment schedules, we’ll uncover the hidden details you need to know to stay informed and prepared. 💡 What You’ll Learn: - Key changes in SASSA regulations ...

The South African Reserve Bank (SARB), which operates, regulates and oversees the national payment system (NPS), releases its inaugural Payments Study Report (study) on 5 September 2024. The study, the first of its kind in South Africa, uses individuals’ payment data and provides extensive insight into how the public perceives and uses ...

Russia and Iran, as two BRICS members, have finalized the integration of their national payment systems, a significant step toward enhancing their economic cooperation and circumventing U.S. sanctions. The heads of the central banks from both nations have been working closely to link Iran's SEPAM system with Russia's System for Transfer of ...

The World Bank Group works to solve a range of development issues - from education, health and social topics to infrastructure, environmental crises, digital transformation, economic prosperity, gender equality, fragility, and conflict.

NPS means National Pension Scheme in which a person can voluntary contribute and can save tax, and once you open NPS account it is mandatory to deposit minimum Rs.1000 per year, you can deposit in NPS online by watching this video Link to pay in NPS: https://enps.nsdl.com/eNPS/InitialExistingUser.html Read More: https://taxupdates ...

Following the recent release of the South African Reserve Bank’s Payment Study Report, Tim Masela, Head of the National Payment System at the SARB, joined Michael Avery to discuss their role in promoting financial inclusion in SA. Tim offered valuable insights into the key components for modernising South Africa's payment ecosystem, the ...

VIDEO : Can I link a bank account with a different name to my PayPal In Uganda? 💼 Services We Offer For Uganda, Kenya, Rwanda, Sudan 🌍 We Create and Integrate Flutterwave On Website PayPal Account Setup & Verification PayPal Withdrawals Withdraw From PayPal After and Before 180 Days Payoneer | Stripe | Skrill | Cash App | Wise Setup ...

Ask me about the Law 🇺🇬(@askmeaboutthelaw). original sound - Ask me about the Law 🇺🇬. Mobile money transactions in Uganda are regulated by the bank of Uganda as well as the National Payment Systems Act 2020. This law requires that any electronic money account i.e a mobile money account that does not have a registered transaction for ...

This video will show you a step by step on how to pay for National Council For Higher Education in Uganda through generating a Payment Reference Number (PRN) on the URA Portal.

UPSC Prelims 2025: Payment Systems & Financial Market | Economy | Sanskriti IAS | UPSC . #UPSCPrelims2025 #Economy #PaymentSystems #UPI #ProjectNexus #SEBI #SettlementCycle #NSE #StockMarket #CreditRating #FinancialMarket #IndianEconomy #BankingSector #CoLocation #RBI #Finance #CurrentAffairs #UPSCPreparation . 👉 This video covers key topics ...

Public servants will experience a delay in the payment of their July salaries until the 6th of August due to ongoing system upgrades, according to a letter from Catherine Bitarakwate, the Permanent Secretary of the Ministry of Public Service. The system upgrade aims to ensure accuracy in payroll processing by automating validation controls ...

Over 140 Kabarole pensioners have not received their monthly payments for over 4 months. They say the situation is dire for them as they struggle to buy basic needs. According to Isaac Rabwooni, the chairperson of Kabarole Pensioners, some pensioners are elderly and cannot travel to the district headquarters for verification. However, Kabarole ...

The South African Reserve Bank (SARB) has released its inaugural Payments Study Report, aiming to provide comprehensive insights into public perceptions and usage of various payment methods and instruments in the country. This report aligns with the bank's Vision 2025 strategy for payments and highlights the necessity for the central bank to ...

Are you an employer in Uganda? Understanding and complying with Pay As You Earn (PAYE) tax filing is essential for your business. In this comprehensive guide, we walk you through the importance of PAYE, your responsibilities as an employer, filing deadlines, penalties for late filing, obtaining employee information, online filing options, the ...

Welcome to another edition of CNBC Africa's all-new AI dedicated segment that keeps its finger on the pulse of continent-wide news that matters. Every week, we'll dive into the latest headlines and speak to market innovators about all thing's tech-driven across Africa. This week we speak to Michael Wallis-Brown, Vice President and Global Head ...

UPI Rule Change From April 1: Banks To Implement These Rules | The National Payments Corporation of India (NPCI) has issued a circular mandating banks to update their list regularly by removing numbers that have been disconnected or surrendered. All members are advised to comply before 31 March 2025, said NPCI. | #indhinditech Follow us & you ...

Many businesses in Uganda have in the last four years expanded from merely physical businesses to embracing e-commerce as a reliable way of trading. While many businesses have accepted e-commerce, most of them continue to face several hurdles when it comes to receiving and making payments. This mainly affects the micro, small and medium sized ...

As at the expiry of the upgrade of the electricity payment system on November 24, the Global Standard Transfer Specification (STS) Association says non-upgraded meters will stop accepting new tokens, disrupting electricity access. According to Energy Minister Ruth Nankabirwa, more than 95.5% of customers have completed the upgrade, but over ...

This video talks about the basics of VAT understanding in Uganda and the recent development on how to compute VAT Withheld, various compliance issues and filling of monthly tax returns to Uganda revenue authority by the 15th day . Link to the Slide information (Passcode - 1738): https://drive.google.com/file/d/1gOmMk-ag4UMuzPU1tO1f5jhT5H4hQ-9Z ...

Welcome to our channel! In this tutorial, we'll walk you through generating a Transaction Reference Number (TRN) for NSSF Uganda's new web portal. Whether you're a new or existing member, understanding how to generate your TRN is crucial for seamless transactions and access to benefits. We'll cover each step in detail, from navigating the ...

On Thursday, the Finance Minister, Matia Kasaija, presented the budget for the financial year 2023/24, amounting to UGX 52.7 trillion. Kasaija highlighted that UGX 22 billion has been allocated for the settlement of outstanding arrears owed to medical interns and senior house officers. Meanwhile, the public debt stock is projected to rise to 89 ...

How to pay bills using MTN Mobile Money

Its Easier to pay for a Ugandan Electronic Passport, Don't waste your time lining up in banks to pay for passport, just load money in your mobile money account and pay using your phone. Passport Application procedures, visit website: https://ugandajobsconnect.com/application-proceedures/ Download Recommendation letter. Click link below https ...

This presentation from the Office of Grants Management (OGM) covers the following: roles and responsibilities of OGM; policy guidance for the use of grant funds; Division of Payment Management; federal financial reports; budget modifications; federal reversionary interest, and rules and requirements for receiving no-cost extensions. We accept ...

In his video, I get to explain the various tax heads' return filing due dates/deadlines. you get to learn the period when you are expected to file your tax return and also the period within which you can amend an original return. Consider supporting me to make more of these videos by following this link to donate https://dashboard.flutterwave ...

Police clearance requirements 2022 updated gcash procedure by Kuya ng Bayan Solomon Say.

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A description of how to file a PAYE return for URA.

This is a simple example of how to generate a payment slip on the URA website, these are commonly used for payments for Income Tax, PAYE, VAT, Non Tax Revenue like Driving Permits etc....

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