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15 July 2017

Airtel Moneypartners ZEEPAY to offer instant international money remittance

Airtel Money, a sub brand of Airtel Ghana, has partnered Zeepayto offer instant international money remittance from some of the world’s leading international money transfer organisations to registered Airtel Money customers.

The game-changing service will enable customers receive remittances from family and friends abroad instantly to their Airtel Money wallets – providing unparalleled convenience and security to customers.

The service is currently available from International partners including Mama Money and Hello Palsa in South Africa, INSTNTMNY UK, WorldRemit Worldwide, Moneytrans, Uber and Lyca Remit both in the United Kingdom.

Zeepay is a wholly Ghanaian owned mobile financial services companyfocused on providing integrated mobile payments services across Africa.

Explaining details of the partnership, Edmund Barwuah, Head of Corporate Sales, Airtel Money said Airtel Money customers can now receive money from overseas directly into their mobile wallets offering them the convenience to cash out funds at any time from any Airtel money agent or selected ATMs in Ghana.

“As the leading innovative mobile financial services platform, Airtel Money is bringing this world class service to our cherished customers through our partnership with Zeepay a true leader in mobile financial services and their partner financial services institutions.

Money transferbe it local or international should be easy, fast and convenient. With this service, the days of queuing in banking halls to withdraw remitted funds are over. Customers can now receive funds directly into their Airtel Money wallets and they can transact or ‘cash out’ from any of our wide network of agents points and partner banks.

As a business, we are firm believers in connecting family and friends without boundaries and this partnership with Zeepay allows us to enrich the lives of our customers by providing them unmatched convenience when it comes to international remittance”, he added.

On his part, Andrew Takyi-Appiah, Co-Founder and Managing Director of Zeepay said “we are delighted to partner with Airtel Money under our current sponsorship arrangement with Bank of Africa and Access Bank to offer this service. Through this partnership Zeepay acts as a channel and leverages its world class engineering to make this service feasible. While our banking partners remain key stakeholders to manage the cash end to end to ensure that remittances are terminated within seconds without glitches”

“Digital termination of remittance (DTR) is a much secured form of remittance termination as both the sending party and the receiving party are regulated and funds can be tracked. It is envisaged that DTR would dominate remittance payout by 2020, while reducing the cost of remittance to Ghana significantly”.

By: Leticia Ohene-Asiedu

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