Airtel Africa, WorldRemit join forces to raise financial inclusion in Africa
July 20, 2020995 views0 comments
By Omobayo Azeez
Airtel Africa is scaling up its operations with WorldRemit, the global digital money transfer service that operates in over 50 send countries to over 150 receiving countries, to deploy instant money transfer solutions across Africa to deepen financial inclusion in the region.
Building on the successful connection to Airtel Money services in the Democratic Republic of Congo (DRC), Uganda, Zambia, Tanzania, Malawi and Niger, customers can now also send to Airtel Money in Rwanda via WorldRemit, Airtel said in a statement on Monday.
Read Also:
- CBN’s new capital requirement will boost financial inclusion — Cardoso
- PalmPay recognised as most outstanding fintech driving financial…
- Africa's prospects in new Trump's era
- LINX set to expand interconnection service delivery into West Africa
- CCMM set to boost climate finance for Africa, lists bond on London Stock…
Andrew Stewart, managing director, for the Middle East & Africa, WorldRemit , explained that his company will enable customers from across the globe to receive money into Airtel Money wallets.
He added that users can visit WorldRemit.com or download the free mobile App; choose Mobile Money and Airtel as the operator, then follow the prompts.
The partner also explained in the press statement that the diaspora living in more than 50 countries around the world can quickly and easily send money transfers at any time via WorldRemit to Airtel Money customers back home.
Stewart, said: “The connection to more Mobile Money accounts through Airtel Africa allows us to expand our payout network and options available to customers across the continent.
“It is really exciting and important to us that we continue to increase financial inclusion for our customers in Africa whilst delivering a fast, affordable and secure service.”
On a similar note, Raghunath Mandava, CEO, Airtel Africa, expressed the commitment of the company to enhance financial inclusion in the countries where it operates through building a huge infrastructure of cashing in and cashing out locations in the markets and increasing our distribution.
“This means that our customers can now receive fast digital payments via WorldRemit from around the world directly to their mobile phones, as well as access their funds at our exclusive kiosks and branches at their convenience.
“Airtel Money enables mobile money users to send local and international money transfers, make utility payments, pay merchants, save money in their mobile wallets, purchase airtime and access a range of mobile financial products,” he said.