MTN Launches Rwanda-Tanzania Mobile Money Services



[ad_1]

  Mobile money exhibition for Lagos By PHYLLIS BIRORI in Kigali, Rwanda
KIGALI, (CAJ News) – MTN Rwanda opened a mobile-to-mobile transfer service between the country and Tanzania .

This service allows users of MTN Mobile Money in Rwanda to send money to Airtel Tanzania subscribers via the MFS Africa Hub.

The hub connects mobile wallet clients across networks and countries in sub-Saharan Africa. "We are proud to allow low-cost digital remittances between Rwanda and Tanzania with partners," said MFS Africa Hub.

Speaking of this new addition to existing corridors, Uganda, Kenya and Zambia, MTN's director of business and general affairs, Chantal Kagame, said that mobile money has become more and more a standard in Rwanda, MTN continuing to extend financial inclusion to Rwandans and enrich 007] their individual well-being

"We are delighted to bring the convenience of home transfers. Instant cross-border money directly to the mobile wallets of our customers, "said Kagame

The mobile money ecosystem requires innovative solutions to increase financial inclusion.

The mobile money ecosystem MTN's is greatly expanded with additions such as payment of Moto tariffs in partnership with Yegomoto, payment of parking fees in partnership with KVCS and partnership with local authorities. banks facilitate Push & Pull services

MTN now records about 130 billion Rwf (about 149 million US dollars) in monthly transactions. It continues to drive mobile money in Rwanda with 1.7 million active subscribers

The launch of the regional discount with Airtel Tanzania follows the recent reduction of MTN's MoMo tariffs up to 80 %. Customers can now send small amounts of money, even less than Frw 100, with transfer fees starting at 3 frw.

Kagame said that MN mobile money services had enlightened the lives of clients and helped develop Rwanda's financial resources. infrastructure.

"The effectiveness of regional discounts will allow customers to transfer money more easily, quickly and easily across borders at a fraction of current costs."
– CAJ News

Short URL : http: //cajnewsafrica.com/?p=27066

[ad_2]
Source link