Visa Inc. and Bharti Airtel Extend Mobile Money to Seven African Countries

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Visa Inc. and Bharti Airtel (an Indian based telecommunications operator), in a press release, have announced their partnership to provide mobile payment services to Ghana, Tanzania, Kenya, Madagascar, Gabon, Seychelles and Rwanda.

“Visa and Airtel will build on the existing capabilities of Airtel’s Mobile Money service, allowing subscribers to use their Airtel Money account to pay in stores and online wherever Visa is accepted. Additionally, customers can withdraw money and make payments from their Airtel Money account using their Airtel Money Visa companion card”  a statement on Visa’s website reads.

Customers who use Airtel money, coupled with everyday Visa transactions, will be able to purchase airtime, make micro payments and pay for their electricity including internet bundles.

“We are excited to embark on the next phase of development for Airtel Money with our new partner Visa. We can look forward to further empowering our Airtel Money customers with access to retail, ATM and online payments using only their Airtel Mobile Phone and companion card to manage all their mobile payment needs.” Chidi Okpala, Director and Head of Airtel Money Africa said.

Airtel money and Visa card have already been launched in Kenya– but will roll out services in other markets early this year.

Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to electronic payments. Bharti Airtel Limited is a leading global telecommunications company with operations in 20 countries across Asia and Africa.