Airtel Money launched in Uganda
VALUE ADDED SERVICES| Feb. 1, 2012, 8:54 p.m.
Airtel Uganda has launched its mobile money platform - Airtel Money. The platform allows consumers to top up their phones with air time, send and receive money, pay their critical utility bills, access their bank accounts and withdraw Airtel money across all interswitch ATMs countrywide.
Airtel has partnered with leading international and regional banks to provide customers with access to deposit and withdraw cash, money transfers, banking services and pay bills. These include Standard Chartered Bank, Post Bank, Pride Micro Finance, Centenary Rural Development Bank, Equity Bank, Diamond Trust Bank, United Bank of Africa, Kenya Commercial Bank, Baroda, Eco Bank and Finance Trust Bank.
V.G. Somasekhar, Airtel Managing Director, who addressed guests at the launch said: “Mobile commerce has the ability to assist a large segment of the population due to its distribution network. Airtel Money’s new platform will provide consumers with a useful offering of products that cuts across Mobile banking including ATM transactions, utility bill payments, Airtime top ups and Money Transfer services.”
Somasekhar also noted that the rural populations had inadvertently been left out of the financial system due to cost and distance from urban centres. The Airtel Money Agent network throughout Uganda will now enable customers to transact at over 3800 Airtel Money agents, ensuring the widest availability of Airtel Money throughout Uganda.”
Hon. Nyombi Thembo, Minister of State for ICT, said: ‘We congratulate Airtel and believe that through its Airtel money initiatives, consumers and communities even in the deepest rural areas of Uganda will take maximum advantage and reap the benefits of mobile commerce and other innovative services from Airtel.”
Prime Minister Amama Mbabazi commended Airtel Uganda for partnering with the Government in positively impacting the ICT industry and the country at large. “During their entry into the Ugandan Market, Airtel announced an investment of up to USD100M into the market and part of this would be allocated towards the provision of innovative Mobile services in Uganda. I am very pleased to see how mobile services are complementing the banking sector.”
“We believe that the Airtel Money services will be a catalyst to support economic activities such as agriculture, mining, fishing and ultimately contribute to the economic growth of our country, especially within the rural sector, ” he concluded.
According to Airtel Uganda’s M-commerce National Sales Manager, Nuhu Kanyike, Airtel Money will be available to all Airtel customers, both Prepaid and Postpaid and registration is free at all Airtel Centers and Airtel Money outlets countrywide.
MORE VALUE ADDED SERVICES NEWS
Uber, MTN Nigeria partner to take customers anywhere, any timeMTN Nigeria has partnered with Uber to deliver to MTN subscribers free rides valued at N6, 000, which is N3000 off their first two rides. Read More
Tigo Tanzania announces free WhatsAppTigo Tanzania has announced free WhatsApp services for its 10 million users. Read More
Lock screen content delivery platform launched in NigeriaSliide Airtime today announced Nigeria as the launch market for its Sliide Airtime service which provides users with a new and innovative way to access content from their mobiles and simultaneously earn free airtime. Read More
Glo collaborates with 15 banks to launch new recharge codeGlobacom has partnered with fifteen leading banks to launch a unified short code for customers to purchase Glo airtime at any time from banks in the partnership. Read More
Airtel Ghana launches ‘love month’ promoAirtel Ghana has announced plans to celebrate and reward its cherished customers in February, the ‘love month’, through a Valentine Day promotion dubbed “In The Name of Love”. Read More
Safaricom launches M-PESA statements serviceSafaricom has announced a new service that allow M-PESA customers to access monthly statements free of charge via email. Read More
Ghanaian market catches up with mobile financial servicesThe usage of mobile financial services in Ghana is increasing rapidly, according to a survey conducted by CGAP. Read More
Viber Spreads Good Vibes in Africa with the introduction of public chatsViber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. Read More
Bank starts year with new mobi appBancABC says their newly launched product, BancABCMobi, will allow more customers to use mobile banking solutions in this coming year and many more to come. Read More
FEATURED STORYViber Spreads Good Vibes in Africa with the introduction of public chats
Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East.
BEST READ NEWS
IN DEPTHPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner
Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation.
COMPANY NEWSDStv Eutelsat Star Awards winners named
Students from Ghana and Zimbabwe have scooped top honours at 5th edition of DStv Eutelsat Star Awards organised by MultiChoice Africa and Eutelsat.