On Saturday (6/4/13) while I was withdrawing money from the Equity bank ATM in Wandegeya, I noticed an additional item on the ATM display menu; a Warid Pesa Logo.
The pictures below (taken using a phone) tell the entire story
From the looks of it, Warid could be implementing Warid Pesa ATM cash-out in partnership with Equity Bank. It’s not yet official but a reliable source at Warid tells me that a launch is set for this week.
There is also a possibility of limited Mobile banking in the partnership which might make it possible for one to transfer money from one’s Warid Pesa account to their Equity account and vice-versa.
We have little information on the whole partnership and the other features on offer but we will keep you posted.
Update:
Warid Telecom has actually confirmed its partnership with Equity bank in the following tweet.
I’ve been writing a series on “what’s next for mobile money” and ATM cash-out was one of the things I suggested that the Telecoms will be pushing for. You could refresh your memory with the that post.
— Warid Uganda (@WaridTelUganda) April 9, 2013
Please keep your tabs on the TechPost as we’ll continue updating you with this development both in the news as it comes and subsequent analysis.
