Here’s What You Can Now Do After FlexiPay and Wendi Wallet Joined Forces

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A new era of mobile money convenience is unfolding in Uganda following the FlexiPay and Wendi Wallet collaboration between Stanbic Bank Uganda and PostBank Uganda Ltd (operating as Pearl Bank).

The partnership links Stanbic’s FlexiPay wallet with PostBank’s Wendi Wallet, allowing millions of Ugandans to make transactions faster, safer, and more affordable.

Announced during a joint press briefing in Kampala, the integration seeks to remove barriers between mobile money platforms by making them interoperable.

This means that users on FlexiPay and Wendi can now send and receive money instantly across both networks without delays or the high fees that have traditionally limited cross-platform transfers. Everyday transactions like topping up airtime, paying utility bills, or settling merchant dues can now be completed at subsidized or even zero cost.

The collaboration marks a step forward in Uganda’s National Financial Inclusion Strategy 2023–2028, which promotes access to digital financial services for all citizens. By bridging these two platforms, Stanbic Bank and PostBank aim to expand digital access to both urban and rural populations, ensuring that even people in remote areas benefit from seamless financial services.

FlexiPay currently serves over 500,000 users through retail and merchant wallets supported by 17,800 agents. These customers will now be able to transact with Wendi’s base of more than 1 million users and 8,000 agents.

On the other hand, Wendi subscribers will gain access to FlexiPay’s broad network of merchants, creating more opportunities for e-commerce and digital payments across the country.

Each platform brings unique features that complement the other. Wendi Wallet offers users an annual 10% interest on savings and the ability to receive Western Union remittances directly into their wallets, an advantage for Ugandans who rely on funds from abroad.

FlexiPay supports Stanbic’s SACCO program, which simplifies digital transactions for hundreds of community-based savings and credit groups. Together, these services enhance access to affordable credit and safer savings options for low-income earners.

The process of using the integrated system is straightforward. Users can dial *291# on FlexiPay or use the Wendi app to initiate a cross-platform transaction, confirm with a PIN, and have the money transferred instantly. The technology connects both wallets at the backend to allow real-time interoperability regardless of the provider.

As part of the rollout, both banks plan to run joint awareness campaigns, train agents, and onboard merchants in key economic zones, including agricultural and trading centers. This approach is particularly beneficial for farmers and traders in rural Uganda who often face challenges with cash payments.

With the new integration, they can now receive payments from urban buyers or government programs like the Parish Development Model (PDM), which Wendi has already digitized for thousands of beneficiaries.

The benefits go beyond convenience. Enhanced fraud monitoring systems and stronger security protocols make transactions safer, while reduced fees lower the cost of accessing financial services. The collaboration supports underserved groups, especially women, youth, and small-scale entrepreneurs, helping to close the financial inclusion gap.

According to the Bank of Uganda, formal financial access in the country has grown from 52% in 2013 to 68% in 2023, driven largely by mobile technology. The FlexiPay and Wendi Wallet partnership is expected to accelerate this growth by promoting cashless trade, boosting savings, and improving access to credit for millions of Ugandans.

Jefferson Wachira is a writer at Africa Digest News, specializing in banking and finance trends, and their impact on African economies.