Tuesday, August 23, 2016

Airtel Money distributes 3bn/- profit to customers

Safaricom CEO Bob Collymore said withdrawal charges as well as the transaction fees for Lipa Na M-Pesa and all other tariffs will remain unchanged PHOTO | FILE
Safaricom CEO Bob Collymore. The telco has hired former Equity Bank Group director of payments Ronald Webb to head its M-Pesa unit. PHOTO | FILE 


The mobile phone company pay interest for a period from January to June 2016, where every customer will receive some money as interest based on their account balances every day.

Airtel Money Public Relation Manager, Jackson Mmbando told reporters in Dar es Salaam yesterday that they were excited to share the 3bn/- profit with customers noting the money would support their customers to meet their various financial obligations.
According to him, the company has so far paid a total of 10bn/- to Airtel Money users since the launch of the service in 2014.
The Airtel Money service allows customers perform various activities including send and receive money, pay for utility bills purchase bundle, banks’ deposit and with draw and access unsecured loans through Airtel Timiza loan service which offer quick, convenient, and instant loans to customers and Airtel Money agents.
To date three quarter of Airtel agent network of more than 50,000 access loans where some agents are now qualifying for loans of as much as 1m/-

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