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Airtel partners with Visa to bring mobile payments in seven African markets

Visa and Bharti Airtel, a telecommunications services provider across Asia and Africa, have formed a partnership to bring mobile payment services to seven markets in Africa.

By Verdict Staff

Visa and Bharti Airtel, a telecommunications services provider across Asia and Africa, have formed a partnership to bring mobile payment services to seven markets in Africa.

The new payments services will be launched in markets including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.

The relationship will build on the existing capabilities of Airtel’s Mobile Money service, allowing subscribers to use their Airtel Money account to pay in stores and online wherever Visa is accepted.

Visa and Airtel will allow customers to withdraw money and make payments from their Airtel Money account via Airtel Money Visa companion card besides permitting micro-payments, fund transfers, airtime purchase and pre-paid electricity.

Visa vice president of MNO Partnerships Vish Sowani said: "Mobile payments can transform the lives of people throughout Africa who commonly have access to a mobile phone, but not a bank.

"For most new subscribers, this will represent their first payment account and bring some of the latest digital payment advancements into the everyday experiences of Airtel’s customers."

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March 3, 2015updated 04 Apr 2017 4:03pm

Airtel partners with Visa to bring mobile payments in seven African markets

Visa and Bharti Airtel, a telecommunications services provider across Asia and Africa, have formed a partnership to bring mobile payment services to seven markets in Africa.

By Verdict Staff

Free Report
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Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

Visa and Bharti Airtel, a telecommunications services provider across Asia and Africa, have formed a partnership to bring mobile payment services to seven markets in Africa.

The new payments services will be launched in markets including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.

The relationship will build on the existing capabilities of Airtel’s Mobile Money service, allowing subscribers to use their Airtel Money account to pay in stores and online wherever Visa is accepted.

Visa and Airtel will allow customers to withdraw money and make payments from their Airtel Money account via Airtel Money Visa companion card besides permitting micro-payments, fund transfers, airtime purchase and pre-paid electricity.

Visa vice president of MNO Partnerships Vish Sowani said: "Mobile payments can transform the lives of people throughout Africa who commonly have access to a mobile phone, but not a bank.

"For most new subscribers, this will represent their first payment account and bring some of the latest digital payment advancements into the everyday experiences of Airtel’s customers."

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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