Tigo, a subsidiary of Millicom, has announced the launch of a cross-border mobile money remittance service between Tanzania and Rwanda, allowing its subscribers to send money from one country to another via their Tigo mobile money accounts. The system integrates currency conversion, whereby money is sent in either Tanzanian shillings or Rwandan francs and delivered
Kenya’s PesaPal will be expanding to Nigeria, Ghana and Zambia over the next few months, while looking at possible expansion into Francophone and South Africa. The company has recently launched in Malawi and is currently activating in Zimbabwe. “Over the last three years, we have developed a product that was well received in our initial
Centenary Bank has joined the Interswitch East Africa network in Uganda adding yet another innovation in enhancing their customer service. Interswitch East Africa operates a network that links different banks to enable their customers share Automated Teller Machines (ATMs) and Points of Sale (POS) services. With the addition of Centenary Bank, the Interswitch network in
Bharti Airtel, a telecommunications services provider with operations in 20 countries across Asia and Africa has partnered with leading global payments technology company VISA and Chase Bank, an SME bank in Kenya, to provide its Airtel Money subscribers in Kenya with a new Airtel Money Visa card. The Airtel Money VISA card will allow Airtel
The National Microfinance Bank (NMB) in Tanzania said its recently introduced internet banking system is showing positive results in reducing queuing at bank branches. NMB Head of Transactional Banking Mr Gerald Kamugisha, told reporters in Dar es Salaam that the internet system had become a significant in efficient provision of service to the customers. “The
Centenary Bank and UMEME Limited today announced a partnership which will enable subscribers to the bank’s CenteMobile banking platform prepay their power bills instantly using their mobile phones and without any charges levied. Speaking about the partnership, Fabian Kasi, the Centenary Bank Managing Director commended UMEME Limited for complementing the Bank’s strategy of using technology
Airtel Tanzania has announced an innovative new service on Airtel money that will provide its customers with a new experience when transacting with mobile money. Speaking during the launch, Airtel Managing Director Sunil Colaso said: “Today we are happy to launch our new Airtel Money campaign dubbed “Hatoki Mtu Hapa” loosely meaning “no one will
After its official launch in Kampala in January 2014, The Helix Institute of Digital Finance has this week published its ‘Agent Network Accelerator Survey – Uganda Country Report’. The Uganda report is the first of eight country reports on agent networks, as part of the cutting-edge Agent Network Accelerator (ANA) research project/ ANA, a collaboration
AfrAsia Bank has introduced a rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders. In collaboration with Infinia Services & Solutions and MasterCard, this rewards program enables cardholders to earn XtraMiles whenever they swipe their World or Titanium MasterCard credit cards. XtraMiles is
TIGO and NMB Bank have launched an innovative service that enables customers of the bank and Tigo-Pesa services to deposit and transfer funds through a mobile phone. Speaking at the event, Mr Ruan Swanepoel, TigoPesa Commercial Manager and Mr Tom Borghols the NMB Acting Chief Executive Officer and Chief Risk Officer described the new service
