Airtel strikes bank deals in Kenya, Nigeria

Airtel strikes bank deals in Kenya, Nigeria

31 JUL 2013

Airtel, Kenya’s second largest mobile operator, has agreed a partnership with the country’s Equity Bank so those bank customers who are also the operator’s subscribers can access the Airtel Money service.

Separately, Airtel Nigeria has signed an MoU with First Bank Nigeria which means the bank can offer its Firstmonie Talkmore service to the operator’s subscribers, according to IT News Africa.

Mobile subscribers who signs up to the service in Nigeria will be able to send and receive money, buy airtime and pay bills. Airtel is the country’s second largest mobile operator.

Among the services available via Airtel’s Kenya deal are so-called agency cash transactions at Equity Bank branches as well as the ability to withdraw cash from the bank’s branches.

In addition, Airtel subscribers will be able to pay utility bills, receive bank transaction alerts, check their account balance and receive mini statements.

Author

Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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