Airtel Money Launched in Uganda
Airtel Uganda has launched its mobile money platform called Airtel Money. The platform allows consumers to top up their phones with air time, send and receive money, pay their critical utility bills, access their bank accounts and withdraw Airtel money across all interswitch ATMs countrywide.
Airtel has partnered with international and regional banks to provide customers with access to deposit and withdraw cash, money transfers, banking services and pay bills. These include Standard Chartered Bank, Post Bank, Pride Micro Finance, Centenary Rural Development Bank, Equity Bank, Diamond Trust Bank, United Bank of Africa, Kenya Commercial Bank, Baroda, Eco Bank and Finance Trust Bank.
[pullquote]Registering for Airtel money is a simple process. Customers do not require a bank account to open an Airtel Money account. To register initially, a customer will be required to register their personal details, with a valid photo ID card, at any of the Airtel shops nationwide. This will automatically register the user’s SIM card, after which, the customer is able to begin using the service.[/pullquote]