Airtel Kenya cuts money transfer costs
The cost of transferring money via a mobile phone is being cut by Airtel Kenya.The cost of transferring money via a mobile phone is being cut by Airtel Kenya.
According to Shivan Bhargava, managing director of the firm, customers on mobile networks who send money to other people through their handsets typically send more than €90 a month.
However, he said these people have had to deal with the "burden of traditional charges" as a result, Capital FM reports.
Airtel Kenya has therefore confirmed that transferring funds to anyone on a Kenyan mobile phone network will now be free.
Therefore, sending money to another person via a handset will yield savings of about four per cent in each transaction.
"This proposition marks yet another great stride in deepening our commitment to drive accessibility and affordability of quality products and services to our customers throughout Kenya," Mr Bhargava commented.
Airtel Kenya is also planning to step up the promotion of its mobile commerce facilities to encourage more people to use them.