In a statement released by Airtel Africa on Monday, Network International and Airtel Africa have teamed up to promote financial inclusion across Airtel Money markets.
Starting with Uganda, Network International and Airtel Money have started implementing digital payment solutions throughout the African markets where Airtel operates.
As a result of this collaboration, Network International will offer knowledge and assistance for Airtel Money services, such as transaction processing, fraud prevention, and online financial access for Airtel customers.
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According to the statement on Monday, Airtel Africa stated, “This partnership will go a long way in ensuring that our customers have access to reliable and affordable financial services wherever they are.”
More activations are planned for the remaining African and Francophone nations later this year.
Areas of collaboration
As part of this partnership, Network International will offer knowledge and assistance for solutions such as online access for Airtel customers, card management, fraud prevention, API sandbox, reconciliation and settlement, and transaction processing.
Dr Reda Helal, Co-Head of Group Processing at Network International, stated that the company plans to advance its outsourced payments services in Africa and make significant progress on Airtel rollouts this year after coming live in Uganda.
“We are excited to add value to Airtel’s capabilities, continue driving the success of Mobile Network Operators, and contribute to financial inclusion across the continent,” he remarked.
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Ian Ferrao, Group CEO of Airtel Money at Airtel Africa PLC, expressed his satisfaction at this significant milestone in their cooperation stating, “We are eager to keep innovating and elevating our customer experiences with the support of Network’s digital payments expertise. Together, we will pave the way for more citizens to gain access to the continent’s growing digital economy.”
Network International offers a wide range of technology-enabled payment solutions, including acquiring and processing services, as well as a constantly expanding array of value-added services, to financial institutions and merchants of all shapes and sizes. Currently, it covers 40 African markets in addition to 50 nations throughout the MEA area.