News Column

Airtel Malawi Links Airtel Money Services With Banks

July 21, 2014 (Ventures Africa)

VENTURES AFRICA Mobile phone and internet services company, Airtel Malawi says it is expanding its operations in the tiny southern African nation by linking its Airtel Money wallet service to banks.

"Airtel intends to improve the quality of Airtel Money by linking it to more banking services to, among other things, enable customers to check their bank statements and bank balances. Currently we are planning to engage three banks to help improve this service,"said Airtel Money Country Director, Andrew Santhe.

"Airtel Money assures the customer of security because an individual keeps their own password, it is very cheap," added Santhe.

Airtel Malawi also says it has managed to attract over 700,000 customers for its Airtel Money service since it started operating two years ago.

Airtel Malawi is owned by Bharti Airtel Limited, commonly known as Airtel, an Indian multinational telecommunications services company headquartered in New Delhi, India. It operates in 20 countries across Africa, South Asia and the Channel Islands.

Airtel has a GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation.

Besides Airtel Malawi there is another mobile phone and internet company in Malawi namely Telekom Networks Malawi.

By George Mpofu

For more stories covering the world of technology, please see HispanicBusiness' Tech Channel

Source: Ventures Africa

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters