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Uganda is making it harder to use cash as digital payments top $100 billion

Uganda will introduce new cash withdrawal limits and cheque restrictions from 2027 as digital payments exceed $100 billion and mobile money adoption accelerates across the country

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techcabal.com

africa.businessinsider.com

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africa.businessinsider.comStai leggendo1 g fa

Uganda is making it harder to use cash as digital payments top $100 billion

Uganda will introduce new cash withdrawal limits and cheque restrictions from 2027 as digital payments exceed $100 billion and mobile money adoption accelerates across the country

originale

techcabal.com2 g fa

Uganda's central bank caps cash withdrawals for individuals, businesses

Bank of Uganda capped daily cash withdrawals (UGX50M individuals, UGX500M businesses) and halved cheque limits, effective January 2027. Mobile money grew 40% in 2025; the policy prioritizes digital payments as core fintech infrastructure for enterprise banking decisions.

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Timeline cronologica

martedì 2 giugno 2026·techcabal.com
Uganda's central bank caps cash withdrawals for individuals, businesses
Uganda’s central bank has imposed new limits on over-the-counter cash withdrawals and slashed cheque transaction thresholds.
mercoledì 3 giugno 2026·africa.businessinsider.com
Uganda is making it harder to use cash as digital payments top $100 billion
Uganda will introduce new cash withdrawal limits and cheque restrictions from 2027 as digital payments exceed $100 billion and mobile money adoption accelerates across the country