Tigo and BPR form mobile banking partnership

Feb 04, 2011

Tigo Rwanda and the Banque Populaire du Rwanda (BPR) have formed a partnership with the aim of increasing mobile banking usage across the country.

The New Times reports subscribers to the mobile phone network will be granted access to the financial institution's mobile banking service, giving each customer the ability to check their balance, order cheque books, pay for electricity and top up their handset's airtime.

BPR already has a similar agreement with MTN Rwanda and is looking to strike a deal with Rwandatel to further boost take-up of its mobile offerings.

"By partnering with all operators, we are very optimistic that the number is expected to grow up to 100,000 active customers by the end of this year," remarked Chief Executive Officer of the bank Herman Klaassen.

Mr Klaassen also revealed the company is looking at introducing more features, such as the ability to make tax payments and order utilities from supermarkets and other traders.

In addition to Rwanda, Tigo operates in Tanzania, Mauritius and the Democratic Republic of Congo.