Save, pay and get paid in UGX.
- Currency
- Ugandan shillings (UGX)
- Mobile money
- MTN Mobile Money, Airtel Money
- Phone format
- +256, then 9 digits
- Contact
- +256 703 952 775, hello@tallgrasshq.com
What Wellth does in Uganda.
- Live in the app
Club governance and ledgers
Members, roles, secret ballots, loans with two keys, fines, the social fund and an audited share-out.
- Live in the app
Circle goals
Save toward something with a name, every member watching, two keys to pay out.
- Launching with licensed partners
Wellth Pay: money in
Contributions, repayments and fines paid from mobile money, confirmed by the network.
- Launching with licensed partners
Wellth Pay: money out
Loans and share-outs sent to the member's mobile money once both keys are in.
- Launching with licensed partners
School fees
Parents anywhere pay a learner's fees; the bursar gets the same receipt by SMS.
- Launching with licensed partners
Organisation payments
Clinics, shops, churches, SACCOs and NGOs take payments by payer number or counter number.
- Launching with licensed partners
Organisation payouts
Organisations pay suppliers and petty cash after two keys from two different people.
- Launching with licensed partners
Pay from abroad by bank
Family abroad pays contributions and fees by bank, every line shown before they pay.
- Launching with licensed partners
Wellth balance
Payouts can land in a Wellth balance to keep and spend later.
- Launching with licensed partners
Wellth Card
Prepaid cards loaded from the Wellth balance: Wellth, Gold, City and Scholar.
What each feature waits for in Uganda, line by line: licensing status.
Uganda's networks.
- MTN Mobile MoneyMoney in and out
- Airtel MoneyMoney in and out
Uganda's rules.
- Contributions
- UGX 1,000 to UGX 10,000,000 a month
- Loans that go to the whole circle's vote
- Above UGX 500,000
- Loan cap
- 3 x the member's savings
- Members
- Up to 30 per circle, 100 per mother group
- Phone numbers
- +256, typed locally as 0772 123 456
Ugandans abroad pay home in their own currency.
| Pay in | By bank: fee + rate margin |
|---|---|
| Pounds (GBP) | £0.99 + 0.9% |
| Euros (EUR) | €0.99 + 0.9% |
| US dollars (USD) | $0.99 + 1% |
| UAE dirhams (AED) | AED 4.00 + 1% |
| Canadian dollars (CAD)Personal requests only | C$0.99 + 1% |
| Australian dollars (AUD)Personal requests only | A$0.99 + 1% |
Placeholder prices until our licensed partner's quote is in. School fees to a school on Wellth have no fee, just the rate. Canadian dollars and Australian dollars are taken for personal requests only for now.
Schools and organisations.
Schools
Parents anywhere pay a learner's fees from MTN Mobile Money or Airtel Money, or by bank from abroad. The school signs an agreement with us first. For schools
Clinics, shops, churches and SACCOs
Payer numbers, bills, counter numbers and a poster for each site; the owner sees every site. For organisations
- CollectFreePayer numbers, bills, family shares, counter numbers and the poster: money in.
- RunUGX 150,000 a monthCollect, plus the cash desk and cash-up, suppliers, two-key payments out, petty cash, the summary at your closing time and the audit export.
- Run PlusUGX 450,000 a monthRun, plus Analytics and connecting your own system through the API and webhooks.
Organisation plans are placeholder prices; pilots come first and nothing is billed yet.