Forget Cash, Embrace Convenience: Pyypl Enters Ugandan Market
PYYPL already processing over 100,000 USD per month from UAE in remittances
PYYPL offers a physical card that is not affiliated to any bank
Early this year according to Bank of Uganda Executive Director of Research Mr Adam Mugume, Uganda’s remittance from diaspora had grown to $1.42 billion (Ush5.5 trillion) in the 12 months to January 2024.
This figure was up from $1.25 billion (Ush4.8 trillion) in the same period
And Ugandans have more reason to rejoice if the entrance of Pyypl, a new Fintech company is anything to go by.
Gone are the days of lugging around bulky wallets and waiting in endless bank queues to receive cash from loved ones from overseas. According to the country manager of Pyypl Ms. Esther Nigiwan, a revolutionary new financial app will change the way Ugandans transact and manage their money.
Pyypl: Your All-in-One Financial App
Founded in the UAE in 2017, Pyypl (pronounced “people”) is a FinTech company that promotes financial inclusion through technology and believes everyone in the digitalising world should have a chance to use their money safer, faster, and smarter than cash.
Supported by a robust security system, the platform is user-friendly, and with straightforward registration process. Users can sign up and start using financial services quickly without the need for extensive documentation.
“Imagine a world where you can handle all your financial needs with a simple tap on your phone! Our platform boasts of a secure digital wallet, allowing you to shop online, send money internationally, and pay for bills, all from one place” Says Ms. Nigiwan
Safety and Convenience at Your Fingertips
With Pyypl you will have to forget the risks of carrying cash as it offers a safe and fast alternative, eliminating the need for traditional bank accounts and minimum balances says Ms. Nigiwan. Setting up Pyypl account is instant and has user-friendly interface, making financial management a breeze.
Financial Inclusion for All
Pyypl is a game-changer for Ugandan residents who might not have access to traditional banking services. The app’s ease of use and affordability open doors to a world of financial opportunities, fostering financial inclusion for all.
More Than Just Payments
Pyypl goes beyond simple transactions. The app offers a vast array of financial services, including:
* Internationally accepted virtual and physical Visa cards for seamless online shopping and global payments.
* Global money transfers to over 60 countries, perfect for sending money abroad.
* Competitive currency exchange rates to stretch your money further.
* Bill payments and subscriptions made easy.
* Hassle-free online payments for education, entertainment, and travel.
To the business owners the platform allows them to leverage its secure platform to collect payments from customers using convenient Payme links. Additionally, Pyypl streamlines business operations by facilitating international money transfers to suppliers and vendors.
A Passionate Team, a Better Experience
Pyypl’s company culture is built on four core values: Fresh, Inclusive, Trustworthy, and Speedy. This translates into a user-centric approach, ensuring a reliable and positive experience for all Kampala residents.
With Pyypl, Kampala is embracing a new era of financial empowerment. Download the app today and experience the future of money management!
