Monday, August 15, 2022
Monday, August 15, 2022
Home Startups Airtel Tanzania and WorldRemit partner for international money transfers.

Airtel Tanzania and WorldRemit partner for international money transfers.

by Weddy Thuranira
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Airtel Tanzania has partnered with WorldRemit to allow Airtel Money clients in the country to send and receive money from abroad directly into their Airtel Money wallets.

Airtel Money clients can now send and receive money from over 50 countries across the world, including the United States, the United Kingdom, Australia, Sweden, Canada, Germany, Norway, the Netherlands, Denmark, and Belgium.

During the announcement in Dar es Salaam, Airtel Tanzania Director of Airtel Money Services Isack Nchuda stated that the partnership with WorldRemit will increase access to money transfer for Tanzanians in both urban and rural areas.

”Our work with WorldRemit will hugely contribute to accomplishing our vision of providing unique, convenient and affordable products and services to our customers. The launch of this service between WorldRemit and Airtel Money is a testimony of our commitment to supporting the ongoing agenda of financial inclusion initiatives and breaking the divide between rural and urban communities,” he said.

Airtel Money Customers in Tanzania can download the WorldRemit app or create an account to start transferring money to family and friends.

“We are delighted to be working with Airtel Tanzania to ensure that Tanzanians can have access to financial support from their family and friends abroad. The connection allows us to give customers even more remittance options whilst continuing to provide a convenient, safe and secure service,” said Cynthia Ponera, Country Manager for Tanzania at WorldRemit.

Airtel Tanzania Director of Communication Beatrice Singano said, “Airtel Money is increasingly becoming an attractive and more inclusive operator, in offering faster, convenient and safe, cross border remittances. The service is affordable with the most competitive fees in comparison to other international money transfer corridors. Recipients in Tanzania from over 50 countries will receive their money instantly, once the transaction is confirmed”.

Mobile money has already helped to reduce transaction costs, increase convenience and improve accessibility for individuals and businesses. Recipients no longer need to travel long distances to bank branches to collect their money in person. The Airtel Money and WorldRemit partnership will extend the usage of the Airtel Money wallets to global digital payments.

Airtel Money Tanzania is currently connected to over 1000 companies including utility service providers and is also integrated with over 40 financial institutions. In addition, Airtel Tanzania is rapidly expanding across the country with more than 1200 Airtel Money branches providing all Airtel services and products at all times.

Individuals and businesses have already benefited from mobile money by lowering transaction costs, increasing convenience, and improving accessibility.

Recipients are no longer required to travel considerable distances to bank branches in order to collect their funds. The agreement between Airtel Money and WorldRemit will expand the use of Airtel Money wallets to include global digital payments.

Airtel Money Tanzania has over 1000 companies connected to it, including utility service providers, as well as over 40 financial institutions.

Additionally, Airtel Tanzania is rapidly expanding across the country, with over 1200 Airtel Money branches available at all times, delivering all Airtel services and products.

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