Airtel and Zantel announced an agreement to allow their customers and customers of Tigo in Tanzania to send money to each other using their different e-money services. The deal will mean users of Airtel Money, Tigo Pesa or EzyPesa will be able send money to each other regardless of which service they are using. The service will start by the end of June.
Diego Gutierrez, Tigo’s general manager for Tanzania, commented: “We are delighted to work with Airtel and Zantel to extend the mobile money universe in Tanzania. With even more transactions possible, our customers’ money is made even more safe and secure with this technology. Just as we co-operate with our competitors on voice calls and text to help our customers, so we hope to be able to do the same with mobile money and help make Tanzania a global pioneer in digital financial inclusion.”
“Airtel is committed to introduce to our customers new innovative services that look beyond competition, a tremendous evolution to ensure mobile inclusion that is sought by many Tanzanians taking into account our reach across the country,” said Sunil Colaso, managing director at Airtel.
Zantel’s managing director, Pratap Ghose, said that “Zantel has a strong commitment to excellence and innovation, and thus is happy about this partnership which will enable all our customers to conduct their businesses efficiently and with ease across Tanzania.”
The Bank of Tanzania (BOT) is facilitating the interoperability between the three companies. Airtel, Zantel and Tigo thanked the role the Bill and Melinda Gates Foundation and IFC are playing in this initiative, as they are financing part of the project.