Airtel Africa has partnered up with MoneyGram International, an American money transfer company, to enable its customers to receive their money transfers straight to their mobile money wallet.
The partnership will allow its customers to immediately access their money which they can use virtually or withdraw by converting to cash at any Airtel branch. This will be helpful to the over 19 million Airtel money users. Apart from this, the move is also expected to strengthen the presence of MoneyGram in Africa.
According to John Gely, Head of MoneyGram Africa, this partnership with Airtel will enable millions of consumers instant access to our global platform to receive money from over 200 countries & territories without having to even step outside.
“We are excited about how this customer-centric partnership with Airtel will expand our mobile wallet capabilities, build upon our strong momentum in Africa, and further accelerate our digital growth across the globe,” Gely said.
On the other hand, Raghunath Mandava, Airtel Africa CEO said that the company was 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.
“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 because of the COVID-19 pandemic,” he said.
This move comes after a merger between Airtel Kenya and Telkom Kenya collapsed. Airtel Kenya has continued to set its limits higher in order to expand.