Airtel Africa, MasterCard digital payments deal target to connect 100m

09Oct 2019
By Guardian Reporter
Dar es Salaam
The Guardian
Airtel Africa, MasterCard digital payments deal target to connect 100m

OVER 100 consumers in Africa will be able to transact digitally thanks to an agreement between Airtel Africa and MasterCard.

Airtel Africa’s CEO, Raghunath Mandava.

In a statement yesterday, Airtel Africa said the partnership will connect millions of Airtel Money customers to a global online market place, across multiple digital payments through access to Mastercard’s global network of merchants.

“Airtel and MasterCard have a shared passion for digital transformation and making mobile financial services accessible to everyone across the continent. Through our partnership we will enable over 100 million Airtel Africa customers make safe mobile money purchases online and in person,” said Airtel Africa’s CEO, Raghunath Mandava.

Mandava said Airtel Money customers, even those without a bank account, can now make online payments globally with their Airtel Money Mastercard virtual card. Mandava further noted that Mastercard’s’ enabling infrastructure and proposition will enable a superior digital experience which ultimately will drive greater adoption and usage of the mobile money platform.

“The partnership will also significantly bolster Airtel’s position as one of the largest offline-to-online digital payment network in Africa. We are really excited to embark on this partnership with a globally trusted brand like Mastercard,” the Airtel Africa CEO added.

Mastercard Middle East and Africa’s Executive Vice President for Market Development, Amnah Ajmal said across the MEA region, the company’s digital partnerships strategy remains focused on enabling digital transformation for partners so that consumers can enjoy seamless access to payments.

“We are very excited to partner with Airtel to lead the transition to digital by enabling access to their millions of consumers for online and in-person payments across the globe. Mastercard is uniquely positioned as a single technology provider to enable our digital partners like Airtel to transition seamlessly into digital,” Ajmal said.

Under the deal, Airtel Money customers will also be able to make in-person payments at outlets via Quick Response (QR) codes. To date, there are over one million merchant locations across Africa that accept Mastercard QR payments.

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