Airtel partners with BGFIBank for money services: Media Report 06/08/2014

Airtel partners with BGFIBank for money services: Media Report
06/08/2014 15:43
Bharti Airtel has partnered with financial services institution BGFIBank Group to expand mobile money access to the latter's customers in four African countries, reported PTI. As part of the tie-up, Airtel Money will become accessible to BGFIBank customers in Gabon, Republic of Congo, Democratic Republic of Congo and Madagascar. In a statement, Airtel said, “Through the agreement, Airtel Money customers that are BGFIBank account holders will be able to transfer money between their bank accounts and Airtel Money, check their BGIF account balance, confirm transactions on their BGIF accounts, order cheque books and ATM cards and access to bank statements.” The company said apart from enabling Airtel Money customers visit BGFIBank ATMs and withdraw cash without using electronic cards, the partnership will also allow Airtel Money agents visit BGFI bank branches and buy e-value (float) to support their businesses. "This is a significant milestone for Airtel Africa as we seek to broaden our pan-African footprint for Airtel Money to serve customers better," Bharti Airtel Director and Africa Head (Airtel Money) Chidi Okpala said.