Airtel Announces Partnership With Ecobank On Airtel Money

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Airtel Africa, a leading global telecommunication service provider with operations in 14 countries across Africa , and Ecobank Transactional Incorporated (ETI), the parent company of Ecobank have signed a partnership which will allow millions of Airtel subscribers and Ecobank customer across Africa to improve their access to mobile financial services and carry out variety of Mobile Transactions.

This partnership which is subject to regulatory approval in each market, will enable Airtel Money customers, through Ecobank digital financial service ecosystem, makes online deposits and withdrawals, effect of real time domestic and international money transfer, make in-store merchant payments, access loans and savings products amongst others.

Ecobank Group CEO, Ade Ayeyemi, commented: We believe that financial inclusion can ultimately contribute to economic development, collaborating with major telecommunication providers in Africa is therefore a key strategic driver towards closing the gap between the banked and underbanked.

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