Zain dials up mobile banking with Zap



Leading mobile telecommunications provider Zain launched a new service, Zap, which plans to bring mobile banking to over 100 million people in Kenya, Tanzania, and Uganda.

Through a partnership with international and regional banks, including Citigroup and Standard Chartered, Zap will allow Zain customers in the three countries to use their mobile phone to:

Pay bills and pay for goods and servicesReceive money and send money to friends and familySend and receive money to the bank...