The Bank of Africa Tanzania has increased its array of mobile money services by signing a partnership with Airtel to provide cash transfer service – Airtel Money.

Airtel Public Relation Manager, Mr Jackson Mmbando

The service will be available for Airtel Money agents who will now be able to provide the service from any of the 17 branches of the bank country-wide. Speaking during the launch of the partnership in Dar es Salaam, Head of Retail Banking, Ms Mwanahiba Mzee, said the bank will also offer financing for aggregators and has begun with Airtel Money as a pilot project.

“We are happy for this partnership, we are staying true to our innovative and customer-centric nature,” she said. On his part, Airtel Public Relations Manager, Mr Jackson Mmbando said that the partnership between Airtel Money and the bank is one of his company’s strategies to accomplish and facilitate financial services country-wide.

“This is one of the enhancements that will assist to save time and money for all our aggregators and finally provide them with the ability to further distribute Airtel Money services to our agents with the intention of creating liquidity and easy access to financial services for Airtel Money customers,” he said.

Airtel Money Manager, Mr John Ndunguru said Airtel has partnered with the bank to open up more channels for Airtel Money agents to access float and serve them better. “Airtel Money service will ensure that both banked and unbanked customers are able to take advantage of the Mobile Commerce solutions which is affordable, fast, secure and available for all to utilize,” Mr Ndunguru said.

He explained that Airtel Money provides a huge opportunity for entities, companies, technology providers, payment platforms and carriers to build bridges to the future technologies that mobile commerce is offering today. “We at Airtel are ready to take m-commerce to the next level,” he said.

One of the Airtel aggregators, Mr Shyamkumar Balakrishnan from Connexions, hailed the two companies for their decision to partner in providing such unique service. “This is another opportunity for us, it will definitely make our work easier,” he said.

Source Tanzania Daily News