Kampala, 10th May 2023: Airtel Mobile Commerce Uganda Limited (AMCUL) and the United Nations Capital Development Fund (UNCDF) have today announced the launch of an open application programming interface (API) initiative that will grant innovators easy and secure online access to integrate their businesses with Airtel Money services, making it easier for them to offer payment services to various value chains.
The launch of this open APIs initiative is part of AMCUL’s mandate aimed at driving financial inclusion through the provision of digital financial services, without differentiation. It is part Airtel’s Africa’s commitment to Transforming Lives.
An API enables different systems to communicate to one another effectively, easing business processes and service delivery. In Uganda today, the vast majority of APIs are private and only available to third parties at exorbitant costs. By opening their APIs to third party innovators, AMCUL will offer services that can enable merchants to transact with respective customers in a safe, instant, and secure way.
AMCUL Managing Director Japhet Aritho, said: “In a bid to deliver competent solutions that are customized to our customer’s needs, we endeavor to partner with a number of entities to ensure digital financial inclusion for all. We thrive on continuous research, innovation and introduction of products/ services that securely remove barriers. As such, AMCUL has partnered with key players in the digital financial space to empower and connect our low-income customers with access to and utilization of digital services that leverage innovation and technology to promote financial inclusion. This will be achieved through the open API initiative that we have launched today.”
He added that the success of such developments which accelerate the integration of merchants with Airtel Money across the country are hinged on impactful strategies as exhibited today.