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    Airtel and MTN Uganda restore mobile money services

    MTN Uganda and Airtel Uganda have today jointly announced to their customers that the mobile money services between the two networks have finally resumed. This follows the money heist that was discovered before Saturday 3rd October where the telecom giants together with Stanbic Bank and Bank of Africa announced that a third-party system breach caused their respective customers not to do transfers from their bank accounts to their respective mobile money wallets.

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    “Customers can now send and receive money across both networks.” Today’s joint statement read in part. “We apologize to all customers for any inconvenience this may have caused and reiterate our commitment to delivering secure and seamless mobile money services.”

    ALSO READ: Recent Mobile Money Heist Suspects Arrested By Police

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    Two suspects were arrested by police, last week in connection to the incident. The breach was zeroed down to the payments aggregator Pegasus Technologies which affected its client accounts including MTN, Airtel, Stanbic Bank. In the wake of the breach, Bank to Wallet transfers, including remittances was suspended until house cleaning is done.

    The alleged suspects are employees of Pegasus Technologies who were arrested on Wednesday last by the Criminal Intelligence Division’s cybercrime detectives and were probed for the loss of over UGX 10 Billion shillings. The police, however, promised to make more arrests in the coming days. Reports indicate that the hackers transferred the money and went on to withdraw it from over 2,000 Mobile Money withdrawal points within 36 hours!

    Now that all seems are up and running customers have been urged to resume using the service with no worries.

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    Techjaja Staff
    Techjaja Staff
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