OMOTAYO ARAOYE
Airtel Africa has sealed a pact with Standard Chartered Bank to co-create new innovative products.
The CEO of Airtel Africa, Raghunath Mandava, who announced the partnership on Thursday, said it will allow the telecom operator’s customers to make real-time online deposits and withdrawals from Standard Chartered bank accounts.
The customers, according to him, will also be able to receive international money transfers directly to their wallets, and access savings products amongst other services.
Mandava said, “Our relationship with Standard Chartered boosts financial inclusion across the continent, giving millions of people access to valuable banking services.
“We continue to invest heavily in cashing in and cashing out locations for our customers and increase our distribution.
“This means that our customers can now send or receive digital payments via Standard Chartered Bank directly to their mobile phones, as well as cash-out their funds at our exclusive kiosks and branches at their convenience.”
The Airtel Africa boss further noted that the partnership highlights its commitment to providing affordable, innovative, best-in-class solutions to enhance the daily lives of its customers.
This partnership, he stated, supports Airtel Africa’s efforts to expand the range and depth of its Airtel Money offerings across its 19 million customer base, with new products and services helping to promote the wider adoption of mobile money and increasing financial inclusion
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