Airtel partners with Visa to offer mobile payment services

By March 3rd, 2015 AT 1:05 AM

Bharti Airtel announced a partnership with leading payment processor Visa Inc to bring mobile payment services to seven markets in Africa including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.

airtel-visa

Visa and Airtel will leverage on Airtel’s existing mobile payment platform Airtel Money to allow users to pay at stores and online where Visa is accepted. Airtel will also introduce a Airtel Money Visa companion card to be used at outlets and ATM to withdraw money from Airtel Money accounts.

We are excited to embark on the next phase of development for Airtel Money with our new partner Visa. 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

-Chidi Okpala, Director and Head of Airtel Money Africa

Airtel Money service already provides service such as micro-payments, fund transfers, purchase airtime and pre-paid electricity, Internet bundles. Now with the partnership with Visa, Airtel Money subscribers can perform in store and online transaction including ATM withdrawals. Airtel Money Visa Card is currently available in Kenya and will be rolled out to other African countries in early 2015.

Airtel had applied for payment bank license to RBI last month, we could expect similar partnership with Visa in India also for payment transactions and online processing.

An IT professional who has got great passion for telecom. Has been closely watching Indian telecom space since 2009.

guest
0 Comments
Inline Feedbacks
View all comments

Recent Posts

Vi (Vodafone Idea) Movies and TV App Updated With New SD and HD Channels

Vi is the new branding for Vodafone Idea Limited. With the new branding and a new name, Vi is looking...

Realme 7i With Snapdragon 662 SoC, HD+ Display and 90Hz Refresh Rate Officially Launched

Realme 7i just went official in the Indonesian market and the phone could be launched as a Narzo 20 series...

2G Not Going Away Anytime Soon, Says Indian Government

A few days back, Mr Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited said that he wants to...