TANZANIA – Airtel Tanzania has partnered with MasterCard to launch virtual card that will enable Airtel Money customers pay for services, goods, apps, hotel or travel and digital content through any online merchants globally accepting payments from Master- Card.
Airtel Tanzania Director of Airtel Money Services, Isaack Nchuda said in Dar es Salaam that Airtel customers, powered by MasterCard will be able to enjoy private, secure and seamless digital payments through this partnership.
“We are currently living in a world where payments are processed every second and mobile money transactions are also on the increase.
“Our partnership with MasterCard will help us accomplish our vision of providing unique and affordable services and products which fit in to the daily lives of customers.
“The launch of this Airtel Money MasterCard Virtual card shows our commitment to support the government’s ongoing financial inclusion initiatives,” he said.
According to Daily News, Airtel Money customers will also be able to make in-person payments at outlets via Quick Response (QR) codes.
Payments will be made from an Airtel Money wallet by scanning the QR code displayed at checkout or by entering a merchant short code, at any location that Master- Card QR is accepted.
The launch is aimed at further promoting and deepening financial inclusion among Tanzanians.
The virtual card allows for Airtel consumers to easily make payments at any online purchase point where MasterCard is accepted without the need for a bank account or credit card.
Speaking at the same event, Adam Jones, Vice-President and Area Business Head, East Africa, MasterCard said the partnership with Airtel will enable financial inclusion and access for millions of consumers in the country.
“Through our digital partnerships strategy, our aim is to continue offering easy, convenient and secure payment solutions that accelerate Tanzania’s digital transformation,” he said.
In an evolving ecosystem, MasterCard is well positioned as a one-stop payments technology provider to lead the transition to digital for our partners across the Middle East and Africa, so that their consumers can enjoy a superior and world-class payments experience.
Airtel Money Tanzania is currently connected to over 1,000 billers including utility service providers and is also integrated with over 40 financial institutions which allow customers to make withdrawals and savings.
In addition, Airtel Tanzania is rapidly expanding across the country with more than 800 Airtel Money branches providing all Airtel services and products.