Airtel partners MoneyGram to boost its mobile money services
Airtel Africa on Thursday announced a strategic partnership with MoneyGram enable the telecom firm’s customers route any MoneyGram transfer received from around the world into their mobile money wallets on their phone.
In a regulatory filing with the Nigerian Stock Exchange (NSE) the telecoms firm said the partnership will also enable senders overseas to push funds instantly and directly to an Airtel Money mobile wallet in a more convenient way for customers.
This latest partnership, Airtel said was in line with the Group’s strategy of expanding the range and depth of Airtel Money offerings to drive customer growth and penetration.
The Group has been focused on building international money transfer services, through international partnerships, to connect millions of people to the global economy.
The company said the MoneyGram partnership builds on the momentum of existing partnerships with Mastercard and Western Union and combined with the recently announced extension of the partnership with WorldRemit will further accelerate the growth of our mobile money services.
“We are delighted to work with MoneyGram to provide millions of customers with fast, secure and convenient options to receive and send money as well as access their funds from a vast distribution of exclusive kiosks, agents and branches at their convenience,” said Raghunath Mandava, CEO, Airtel Africa.
“This is a significant step forward in our ambition to transform lives through greater financial inclusion and empowerment across the continent.
Maximizing access to global remittances is a key part of this – even more so given the disruption and economic
hardship faced by many as a result of the COVID-19 pandemic,” Mandava.