Airtel Money partners Zeepay to offer instant international money remittance

July 5, 2017
Source: thebftonline.com l Ghana
Airtel Money partners Zeepay to offer instant international money remittance

Airtel Money, an innovative and convenient mobile financial services platform and a sub brand of Airtel Ghana, has partnered with Zeepay to offer instant international money remittance  from some of the world’s leading international money transfer organisations to registered Airtel Money customers effective immediately.

The game-changing service will enable customers receive remittances from family and friends abroad instantly to their Airtel Money wallets – providing unparalleled convenience and security to customers.

The service is currently available from International partners including Mama Money and Hello Palsa in South Africa, INSTNTMNY UK, WorldRemit Worldwide, Moneytrans, Uber and Lyca Remit – both in the United Kingdom.

Airtel Money is collaborating with Zeepay – a wholly Ghanaian owned mobile financial services company focused on providing integrated mobile payments services across Africa – to bring this service to its customers.

Airtel Money customers can now receive money from overseas directly into their mobile wallets offering them the convenience to cash out funds at any time from any Airtel money agent or selected ATMs in Ghana.

Commenting on this breakthrough partnership, Edmund Barwuah, Head of Corporate Sales, Airtel Money said: “as the leading innovative mobile financial services platform, Airtel Money is bringing this world class service to our cherished customers through our partnership with Zeepay – a true leader in mobile financial services – and their partner financial services institutions. Money transfer – be it local or international should be easy, fast and convenient.

With this service, the days of queuing in banking halls to withdraw remitted funds are over. Customers can now receive funds directly into their Airtel Money wallets and they can transact or ‘cash out’ from any of our wide network of agents points and partner banks.

As a business, we are firm believers in connecting family and friends without boundaries and this partnership with Zeepay allows us to enrich the lives of our customers by providing them unmatched convenience when it comes to international remittance,” he concluded.

Andrew Takyi-Appiah, Co-Founder and Managing Director of Zeepay said: “we are delighted to partner with Airtel Money under our current sponsorship arrangement with Bank of Africa and Access Bank to offer this service. Through this partnership Zeepay acts as a channel and leverages its world class engineering to make this service feasible. While our banking partners remain key stakeholders to manage the cash end to end to ensure the remittances are terminated within seconds without glitches.”

He continued: “digital termination of remittance (DTR) is a much secured form of remittance termination as both the sending party and the receiving party are regulated and funds can be tracked. It is envisaged that DTR would dominate remittance payout by 2020, while reducing the cost of remittance to Ghana significantly.”

Airtel Money is accessible 24 hours, 7 days a week from your phone menu and is secured, convenient, fast and easy to use. Dial *500# to get started. Or visit any Airtel Shop countrywide with a valid photo ID and register for free.

Airtel Money services are also available at all Zeepay outlets including Pronto Microfinance in Kumasi, GT Bank, Access bank, Bank of Africa, Capital Bank, Zeepay Kiosk, Star Oil, First Trust Savings & Loans, Sovereign Bank, and All Needs Supermarket.