Partnering in digital payments to strengthen financial inclusion in Uganda

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Partnering in digital payments to strengthen financial inclusion in Uganda

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Over half of Uganda’s adults are forced to keep their savings at home because of a lack of access to formal financial services1. Not only is this not safe, but it slows the country’s growth as large numbers of citizens remain financially excluded from formal financial services. To combat this, Mastercard and FSD (Financial Sector Deepening) Uganda have entered into a memorandum of understanding with a goal of partnering to develop financial services and solutions that will improve livelihoods of Ugandans and strengthen the country’s economy.

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