{"id":303851,"date":"2021-10-11T14:29:34","date_gmt":"2021-10-11T14:29:34","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=329683"},"modified":"2021-10-11T14:29:34","modified_gmt":"2021-10-11T14:29:34","slug":"airtel-tanzania-ups-mobile-money-play","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/10\/11\/airtel-tanzania-ups-mobile-money-play\/","title":{"rendered":"Airtel Tanzania ups mobile money play"},"content":{"rendered":"

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\tAirtel Tanzania united with I&M Bank Tanzania in launching a mobile money service which allows customers to make payments without having sufficient funds in their digital wallets, in an aim to boost financial inclusion in the African country.<\/p>\n

The Kamilisha overdraft service lets Airtel Money customers complete transactions such as person-to-person (P2P) transfers, buying airtime and data bundles, and paying bills in a situation when their funds don\u2019t suffice.<\/p>\n

In a statement, Airtel Tanzania explained the new offering is enabled by I&M Bank Tanzania, which ensures money transfers will not be declined, subject to terms and conditions.<\/p>\n

The operator\u2019s director of Airtel Money in the country Isaac Nchunda touted it as a service which has \u201calways been looking for innovative ways to fulfil customers day-to-day needs\u201d, particularly the ease of financial transactions.<\/p>\n

He also pledged the operator will focus on finding new options for \u201ctransforming the lives of customers and providing financial empowerment\u201d.<\/p>\n

Its move comes after an analysis discovered the main hurdles for transactions through Airtel Money were linked to a shortage of funds in customers\u2019 digital wallets.<\/p>\n

In March, the operator group announced plans to sell a stake [1] of the unit for $200 million.<\/p>\n

Mobile money was among the main drivers [2] for a 33.9 per cent rise in Airtel Africa\u2019s revenue in its ficsal Q2 2020 (to end-September 2020).<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/airtel-africa-mobile-money-unit-gets-200m-boost
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/mobile-money-data-boost-airtel-africa<\/p>\n\n

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Airtel Tanzania united with I&M Bank Tanzania in launching a mobile money service which allows …<\/p>\n

The post Airtel Tanzania ups mobile money play<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Airtel Tanzania ups mobile money play - ITTeacherITFreelance.hk","description":"Airtel Tanzania united with I&M Bank Tanzania in launching a mobile money service which allows ... The post Airtel Tanzania ups mobile money play appeared f"},"footnotes":""},"categories":[11,8,21],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/303851"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=303851"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/303851\/revisions"}],"predecessor-version":[{"id":303853,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/303851\/revisions\/303853"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=303851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=303851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=303851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}