Browsing: Airtel (Airtel Money)

Airtel Africa partners with Ecobank Group

Airtel Africa and Ecobank Transnational Incorporated (ETI) signed a partnership which will benefit Airtel Money and Ecobank customers.

Airtel Money and Ecobank customers will have access to mobile financial services and carry out a variety of mobile transactions.

The partnership is subject to regulatory approval in each market. Through the partnership, Airtel Money customers, through Ecobank’s digital financial services ecosystem will be able to make online deposits and withdrawals, make in-store merchant payments, effect real-time domestic and international money transfers and access loans and savings products.

Ecobank will be able to sponsor Airtel in issuing both virtual and physical debit cards as well as prepaid cards to customers.

In a statement, Ecobank said the partnership will give corporate account holders a go through when making bulk disbursements, such as payroll payments, directly into Airtel Money customer wallets. Through Ecobank, Airtel Money will now issue both virtual and physical debit and …