Interswitch Group Inks New Partnership with National Social Security Fund in Uganda to Expand Social Security Coverage and Drive Financial Inclusion
“Today, about 80% of our population is employed in the informal sector, where benefits to do with savings are limited. Partnering with NSSF allows us to ensure that Smartlife customers, especially those in the informal sector, can deposit their savings at the Quickteller agents within their neighbourhood, making saving easy and convenient. In addition, our systems, which are reviewed by the regulator, Bank of Uganda, regularly, are secure and robust to ensure the safety of our customers’ transactions,” he added.
Flavia Namutamba, a Quickteller agent located in Kampala, said that the partnership will provide a solution to some of their customers who do not have easy access to formal banking services, bringing them into the fold of a modern financial services system.
“Some people always inquire whether they can register or send money to their NSSF accounts through Quickteller since we are located nearer to them. This solution helps us bridge this gap in the market,” she said.
In June 2025, the company officially launched Interswitch PensionRemit, a fully automated platform designed to help employers comply with the recently introduced Pension Contribution Remittance System in Nigeria. The new system, mandated by the National Pension Commission and the Pension Fund Operators Association of Nigeria, took effect on June 1, 2025.
With this latest milestone in East Africa, Interswitch continues to consolidate its integral role as a driver of social sector value-creation in Africa, and as a trusted transaction solutions partner across multiple countries, combining innovation, scale, continental reach, security, and deep market expertise, to enable governments, communities, businesses and individuals to unlock value across different spheres of endeavour, in line with its mission to facilitate transactions solutions that drive prosperity across the continent.
Interswitch is a leading technology-driven company focused on the digitization of payments and commerce across Africa. Founded in Nigeria in 2002, Interswitch disrupted the traditional cash-based payments value chain in Nigeria by supporting the introduction of electronic payments processing and switching services, also launching Verve, Africa’s premier and leading domestic EMV-standard chip and pin payments card scheme.
Today, Interswitch is a leading player with critical mass across Africa’s developing financial ecosystem and is active across the payments value chain, providing a full suite of omni-channel payment solutions. Interswitch’s vision is to make payments a seamless part of everyday life in Africa, and its mission is to create transaction solutions that enable individuals and communities to prosper across Africa. Interswitch’s broad network and robust payments platform have been instrumental to the development of the Nigerian payments ecosystem and provide Interswitch with the infrastructure to expand across Africa.
