Malawi: Airtel Money Partners With Mukuru for Money Transfers

23 November 2020

Airtel Money customers will now be able to receive money from loved ones outside the country using the international money transfer service provider, Mukuru.

=In a statement, Airtel Money Director, Polycarp Ndekana said they have taken cognizance that every year thousands of Malawians in diaspora face challenges when sending money to sustain their family and relatives back home and partnering with Mukuru will provide them a convenient, simple and secure way to transfer funds.

"We already provide convenient services to our customers through partnerships with banks, utility providers and merchants," Ndekana said.

"This timely integration with Mukuru will offer customers additional opportunities to enjoy using Airtel Money, allowing them to do more on the platform with funds received from family and friends based outside the country."

Mukuru's Country Manager, Charles Phiri said the integration between Airtel Money and Mukuru will allow them to render support regardless of distance, helping people in the diaspora and their loved ones in Malawi, to stay connected.

"To us, remittance is more than money. It represents the sender's love, care and hard work," he said. "It can be a lifeline, an opportunity, or even a celebration to the recipient.

"So, whether the money being sent is for school fees, hospital bills, rent or groceries, we want to make all this possible for our customers through convenient recipient platforms such as Airtel Money."

The partnership will enable users from Zimbabwe, South Africa and Botswana to remit funds via Mukuru directly to Airtel Money customers.

Mukuru is an Africa-based FinTech that enables safe, affordable, reliable financial services to underserved communities.

"Our remittance service offers customers the opportunity to send money to their relatives or friends in over 20 countries across Africa, Asia and Europe," Phiri said.

"Additionally, we offer critical customer services such as Funeral Cover, the Mukuru Money Card and payment solutions for businesses in emerging markets," he added.

Established in February 2011, Airtel Money offers the largest mobile commerce service with the widest agent network in the country.

At the end of October 2020, Airtel Money had a customer base of over 2.4 million subscribers; around 32,000 agents; 900 Airtel Money branches, and over 7,000 kiosks, across rural and urban Malawi.

Other international money transfer providers linked with Airtel Money are Ria Money, WorldRemit, Mama Maney, Terra Pay, and UNFCU.

More From: Nyasa Times

Don't Miss

AllAfrica publishes around 600 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.