Pearl Bank and Stanbic Bank Join Forces to Expand Digital Payments Access Across Uganda

Major banking partnership integrates Wendi and FlexiPay wallets to serve over 1.5 million users with reduced transaction fees KAMPALA – Uganda’s financial services landscape took a significant turn this week as two major banks announced an unusual collaboration that prioritizes financial inclusion over market competition. Pearl Bank Uganda, the government-owned institution formerly known as PostBank,…

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PostBank & MTN join forces to digitize payments for the PDM program through the introduction of the innovative “Wendi” Digital Wallet.

PostBank and MTN Uganda have collaborated to introduce the innovative mobile wallet platform called “Wendi,” aimed at facilitating the seamless distribution of funds for the Parish Development Model (PDM) in Uganda. Wendi, powered by PostBank, is an electronic payments platform that focuses on group savings, funds management, and digital money transfers, deposits, and withdrawals. It…

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