Tanzania: Bank of Tanzania, Airtel Partner On Phone Cash Transfers

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.

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.

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