Airtel Money Africa Collaborates with PawaPay for Smooth International Money Transfers within Africa
In a significant move to strengthen digital financial services across the continent, Airtel Money Africa and pawaPay have extended their partnership to enable seamless cross-border payments for International Money Transfer Operators (IMTOs).
The collaboration allows IMTOs to securely connect with Airtel Money's growing footprint, reaching over 161 million customers across seven key African markets: Uganda, Rwanda, Zambia, Malawi, Gabon, Congo Brazzaville, and Tanzania. This partnership empowers IMTOs to deliver funds directly to recipients' Airtel Money wallets, leveraging pawaPay's robust payment service provider infrastructure that processes over four million transactions daily with 99.9% platform uptime.
For African businesses, remittances remain crucial, and pawaPay's CEO, Nikolai Barnwell, emphasized the importance of this deepened relationship with Airtel Money for seamless cross-border payments. The partnership simplifies and strengthens Airtel Money Africa's backend processes, built on five years of successful collaboration in domestic mobile money.
This collaboration offers several key benefits for IMTOs. Recipients can now receive international transfers directly in their mobile wallets, enhancing accessibility and convenience. The partnership supports financial inclusion and economic growth by enabling secure, instant mobile wallet transactions, particularly benefiting families, students, and businesses that face barriers accessing traditional banking.
Airtel Money Africa's CEO, Ian Ferrao, expressed satisfaction in expanding the partnership with pawaPay for international remittances across Africa. He believes this partnership is significant in advancing digital growth and financial inclusion for millions of Africans.
Remittances continue to be critical for millions of Africans, supporting family, entrepreneurship, and financial inclusion. pawaPay's mission is to simplify payments for African businesses, with remittances being a key focus. The expansion of this partnership is a testament to their commitment to this mission.
This collaboration marks an expansion of a five-year domestic mobile money collaboration between Airtel Money Africa and pawaPay. With the official launch of pawaPay's service for inbound remittances in the mentioned seven Airtel Africa markets, the partnership is set to contribute significantly to the growth of digital financial services on the continent.
- IMTOs can now access ffnews.com to securely connect with Airtel Money's growing footprint, delivering funds directly to recipients' Airtel Money wallets using pawaPay's robust technology infrastructure.
- The expanded partnership between Airtel Money Africa and pawaPay leverages technology to simplify remittances for African businesses, supporting financial inclusion and economic growth.
