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August 21, 2014updated 04 Apr 2017 4:06pm

VeriFone Mobile Money, Airtel Africa to offer mobile money services across Africa

VeriFone Mobile Money has inked an agreement with Airtel Africa to offer its merchant enablement applications for mobile Tap n Pay across their 17 operating firms across Africa.

By Verdict Staff

VeriFone Mobile Money has inked an agreement with Airtel Africa to offer its merchant enablement applications for mobile Tap n Pay across their 17 operating firms across Africa.

The Tap n Pay applications help customers pay, buy, bank, bill and remit money faster with their mobile phone at the point of sale (PoS), said VeriFone.

Airtel Money – Africa director and head Chidi Okpala said: "Airtel is excited to offer VeriFone Mobile Money’s applications to our teeming Airtel Mobile Money customers across Africa.

"Using their Airtel Money Wallet with VeriFone’s contactless / NFC point of sale terminals our customers will have a more convenient, fast and secure way to make multiple payment transactions utilizing Tap n Pay.

"With this solution, we will be at the forefront of efforts to transform payments systems within the public mass transit and retail sectors in Africa."

VeriFone has also reached a group master agreement for the delivery of its merchant enablement solutions to Airtel Africa.

In order to enable the installation of Mobile POS (mPOS), POS and biometrics for international remittance to Airtel Money customers, VeriFone will implement a full suite of retail enablement applications integrated to its range of payment devices across the group.

VeriFone’s payment devices accommodate an array of card payment options such as NFC, mobile wallets, EMV and contactless payments.

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