Rwanda introduces mobile money interoperability

Mobile money

Mobile money

From PHYLLIS BIRORI in Kigali, Rwanda

KIGALI, (CAJ News) – AIRTEL Rwanda and Tigo Rwanda have announced a partnership to pilot interoperability between their two mobile money transfer service platforms.

With this advancement, Rwanda became the second market in Africa to launch interoperability after Tanzania.

This collaboration will allow Airtel Money and Tigo Cash subscribers to send and receive money directly into their mobile wallets without use of vouchers.

Tano Oware, Acting Chief Executive Officer for Airtel Rwanda, said as facilitators at the forefront for mobile-commerce in Rwanda, Airtel is pleased to join hands with Tigo to provide our customers with an
interoperability option that would allow them access to transact easily using our mobile money transfer services.

“This further brings to light our determination to ensure that we achieve Rwanda’s agenda of cashless economy,” said Oware.

Gregory Reeve, General Manager for Tigo, said, “Connecting systems together is a key driver of financial inclusion and access for the people in Rwanda and Millicom is committed to this cause.”

Airtel Money Africa Director, Chidi Okpala, said this initiative was another demonstration of Bharti Airtel’s commitment to deepen financial inclusion and facilitate cashless ecosystems across Africa.
“We championed interoperability in Tanzania and have now done so in Rwanda, with two more countries to go before year end,” said Okpala.

Interoperability in Rwanda’s mobile money sector is aimed at fostering financial inclusion thus increasing the velocity on money in our financial ecosystem.

There are over 5,7 million mobile subscribers in the country of 11,7 million.

“Getting access to financial services via the mobile phone can make a massive difference to people’s lives. I am delighted that we have delivered Interoperability with Airtel,” Tongai Maramba, Chief Executive
Officer, Tigo Rwanda, said.

– CAJ News

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Posted by on Oct 8 2015. Filed under Africa & World, Featured, Finance, Finance & Banking, Mobile & Telecoms, National, Regional, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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