The Bank of Uganda has revealed that 14 million Ugandans used mobile money platforms in 2013, with the value of transactions up 40% year-on-year to UGX18.6 trillion (USD7.2 billion). According to a report from The Observer in Kampala, mobile money users in Uganda now outnumber traditional bank account holders two-to-one, with the customer total rising by more than 52% last year. The total number of transactions increased 65% from 241.7 million in 2012 to 399.5 million in 2013.
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