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Mcash

The MCash Wallet

Digital Wallet

Location
Uganda

Go further with the MCash Digital Wallet

Started in 2011, the MCash Virtual Wallet was created to address the issues that were inherent within the financial sector in Sub-Saharan Africa where distance to financial institutions was one of the reasons more than 35% of the population didn't have bank accounts.

The MCash wallet seeks to bridge the unbanked to banks giving users the opportunity to access formal financial services that were previously inaccessible to some.

Key features of the MCash Wallet

     Mobile Network Independent

Keeping with the vision of accessibility for all, our wallet is Mobile Network Independent, meaning the MCash client can be on any mobile network and still have an account.

     Multi-accessibility

Your MCash account does not require a mobile phone and is accessible through a variety of methods including fingerprint biometrics, phone number, Debit Card, Web access, and through the MCash Android application.

     Secure

The MCash Digital wallet applies a 2-factor authentication system for secure access to your account.

What you can do with the MCash Digital Wallet

Our Virtual Wallet is adaptable in closed communities like refugee camps, agriculture value chains, schools. Access to wallet account locally and internationally, with credit scoring capability, financial history tracking and real time transactions

Services provided include cash-in, cash-out, money transfers, utility and school fees payments, savings, and loans. Additional services have been added lately including seamless integration with SACCOs, ATM withdrawals and mobile money transfers to and from telecommunication operators.

The MCash account has been developed so that all people whatever their geographic location, literacy or income level will be able to conveniently use this account, making it a truly universal product.

The MCash services include:

- Send and receive money

- Save your money

- Deposit money onto your account at any MCash agent point

- Buy airtime of any network (Airtel, MTN, UTL)

- Pay your bills; you can pay your UMEME electricity bill, NWSC water bill, and renew your TV subscriptions (DSTV, GOTV, AZAM, STARTIMES, ZUKU)

- Pay your employees instantly

- Deposit money onto your ordinary bank account regardless the bank

- Pay your green fees and bills at the Uganda Golf Club.

- Pay school fees for your child and / or send them upkeep (money) while they are at school.

- Apply for a loan

Additional services have been added lately including:

- Seamless integration with SACCOs,

- ATM withdrawals and Mobile Money transfers to & from telecommunication operators

How to open an MCash account

Follow these 3 simple steps to get your own MCash Digital Wallet:

  1. Get a valid National ID
  2. Visit your nearest MCash agent or fill in the online registration at https://mcash.ug/index.php/home/online_registration.
  3. Start using your MCash Digital Wallet

Easy...

Join the MCash community today.

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Mcash Tariff Plan

2022

Transaction Tiers

Sending Money to

Withdrawing Cash From

Transfer To

Make Payments

(Min - Max)
Registered
Unregistered
Agent
ATM
Mobile Money
Goods & Services
NWSC, UMEME, PayTV

500 - 2500

500
1000
330
N/A
400
200
200

2501 - 5000

500
1000
440
N/A
400
200
330

5,001 - 15,000

1000
2000
880
1880
400
500
1000

15,001 - 30,000

1000
2200
880
1880
788
500
1600

30,001 - 45,000

1100
2800
1210
2310
1125
500
2000

45,001 - 60,000

1100
2800
1210
2310
1838
550
2650

60,001 - 125,000

1400
4400
1925
3325
2775
1000
3500

125,001 - 250,000

1400
8400
3575
4975
4688
1000
3950

250,001 - 500,000

1400
11000
5775
7175
7500
1250
5050

500,001 - 1,000,000

2200
21000
10450
12650
9000
3200
10700

1,000,001 - 2,000,000

2200
40000
19800
N/A
12000
5500
20500

2,000,001 - 4,000,000

2200
70500
35200
N/A
15000
10000
40000

4,000,001 - 5,000,000

2200
87500
49500
N/A
N/A
N/A
N/A

Note:

The Mcash Wallet is the trusted global financial technology serving both individual users and eGovernment solutions.
  • Do not pay the Agent Cash after any transaction. Applicable fees are automatically deducted from your account after each transaction.
  • Agent is not authorised to make transaction on behalf of customers.
  • Please keep your PIN safe and secret.
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