Airtel Tanzania has raised its daily limit of its money service to Sh3 Million to enable customers transact larger amounts of money.
Announcing the new transaction limits in Dar es Salaam, the Airtel Money Manager, Asupya Nalingigwa said Airtel customers would be spared of inconveniences of doing multiple transactions as they would be able to send and receive up to Sh3 Million.
He said Airtel customers would also be able to deposit to their airtel money accounts up to Sh5m.
“This development will encourage greater use of mobile commerce as an alternative to bulk cash transactions, which of late have been facing some security and other logistical challenges,” he said.
Airtel Money users who are already sending and withdrawing money for free through the money service campaign dubbed in Swahili ‘Hakatwi Mtu hapa’ can now save as much as Sh20,000 by sending as much as Sh3 Million, he further said.
Article originally published on Daily News Tanzania.