Airtel, Visa expand mobile payment biz to 7 African telecom markets

Bharti Airtel and Visa will expand mobile payment services to 7 markets in Africa including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.

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Visa and Airtel have already launched an Airtel Money Visa Card in Kenya and will roll out services in other markets starting in early 2015.

Visa and Airtel will build on the 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. Customers can withdraw money and make payments from their Airtel Money account using their Airtel Money Visa companion card.

Airtel Africa

In addition to Visa transactions in stores, online and at ATMs, Airtel Money can be used to make micro-payments, conduct fund transfers, purchase airtime and pre-paid electricity, plus Internet bundles.

Chidi Okpala, director and head of Airtel Money Africa, said: “We can look forward to further empowering our Airtel Money customers with access to retail, ATM and online payments using only their Airtel Mobile Phone and companion card to manage all their mobile payment needs.”

editor@telecomlead.com