Home Finance Time Saving Capacity of Mobile Money – Research

Time Saving Capacity of Mobile Money – Research

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Time Saving Capacity of Mobile Money – Research

A 2017 study by Digital Impact Awards Africa (DIAA) has revealed that at least 5,000,000 regular users of mobile financial services in Uganda during a 3 months period spent 7,113,356 man hours (296,390 man days) to clear simple financial transactions and saved 57,989,660 productive hours (An average of 19,329,887 million hours a month) that would otherwise be spent on using traditional transactions payment means.
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