MTN inks expanded Flutterwave mobile money deal - Mobile World Live

MTN inks expanded Flutterwave mobile money deal

09 SEP 2021
MTN store with vivid yellow doorway and company logo.

MTN Group widened a partnership with merchant payment technology provider Flutterwave to expand acceptance of the operator’s mobile money platforms to the latter’s customers in three new African markets.

Prior to the new deal, Flutterwave customers in Uganda and Rwanda were able to accept payments through MTN’s mobile money platforms. This has now been expanded to Cameroon, Ivory Coast and Zambia.

In its statement on the expanded agreement, MTN noted the move would help boost mobile money usage in the markets, and create “opportunities for individuals and businesses across the continent”.

The deal is the operator’s latest with a merchant technology provider as it seeks to become Africa’s “largest fintech platform”. By the end of June MTN’s mobile money platform had 48.9 million active users and was accepted by 581,514 merchants across its various markets, the operator added.

MTN Group chief digital and fintech officer Serigne Dioum added the operator aimed to “empower millions of businesses to embrace e-commerce in our markets to accept digital payments”.

Back

Author

Chris Donkin

Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved...

Read more

Related

Tags