Airtel Africa plc a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announced that it has signed a strategic partnership with Western Union, a global leader in cross-border, cross-currency money movement and payments.
The announcement was contained in a letter signed by Airtel Company Secretary, Simon O’Hara addressed to the Nigerian Stock Exchange (NSE).
According to the telecommunication giant, “Through this partnership, Airtel Money customers will be able to reliably send and receive international money transfers directly from their phones, using the Airtel Africa mobile money wallet.
“This paves the way for Airtel Africa to further cater for the needs of local and global community members to move money and enable international cross-border payments“.
The letter further said that the partnership will help Airtel to take an active part in international money transfer business happening in the countries where it operates.
Commenting on the partnership, Raghunath Mandava, CEO ofAirtel Africa, said:
“We are very excited to partner with Western Union to enable Airtel Money customers to access a world leading money transfer organisations. International remittances into Africa are a lifeline to some of our customers. This partnership gives our customers the convenience of directly receiving and sending remittances from their Airtel mobile money wallets. They will now be automatically credited and debited via their Airtel mobile money wallets on their phone and can immediately access the funds to pay bills or merchants and transfer funds to family and friends or convert to cash from the widespread Airtel Money agents, kiosks and branches.”
About Airtel Africa
Airtel Africa (LSE: AAF; NSE: AIRTELAFRI) is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa. Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.