Tigo, Airtel and Zantel join forces in Tanzania

Jun 12, 2014

Mobile banking providers Tigo, Airtel and Zantel signed on Wednesday 4 June a partnership allowing their clients to send money across the three mobile operators in Tanzania.

Mobile banking
providers
Tigo, Airtel and Zantel signed on Wednesday 4 June a partnership allowing their clients to send money across the three mobile operators in Tanzania. About 16 million subscribers could benefit from this service.

Tigo Tanzania CEO Diego Gutierrez said this agreement
will allow more Tanzanians to access financial services, while supporting the growth of the telecommunications sector, Jeune Afrique reports.

However, leading mobile operator Vodacom has not joined the other three operators. "We are hoping to find an agreement with Vodacom soon," said Diego Gutierrez.

The announcement comes three weeks after the launch of M-PAWA Tanzania, a new mobile banking service operated by the Commercial Bank of Africa and Vodacom.

The Director of the mobile operator in Tanzania, Rene Meza, told Tanzania Daily News that 250,000 people have already signed up for the service, which allows clients to transfer money and access loans via mobile phone.ADNFCR-2976-ID-801727598-ADNFCR