Tigo Tanzania has enabled interoperability between mobile wallet services, allowing customers to send and receive funds from M-Pesa in Kenya, MTN in Uganda and Rwanda, and Airtel in Rwanda.
The service now ensures that Tigo Pesa customers are connected to all major mobile money services across the East African region, a move that will increase transactions for cross-border remittance users.
Tigo Tanzania’s Acting Chief Officer for Mobile Financial Services (MFS) Angelica Pesha said: ”This new service between four countries further cements how Tigo adapts to its customers’ needs with digital solutions, and it also means that the benefits of mobile money can be extended to cross-border trade, allowing businesses and families to transfer money quickly and securely in East Africa.”
MTN Uganda has been at the forefront of financial innovation pioneering in the delivery of a wide range of financial services such as micro savings, loans, insurance and merchant payments through MoMoPay.
“To be able to make our wide network available to customers across the East African region…is testimony to our continued drive to extend affordable, reliable, secure financial services to not only our customers in Uganda, but to all people in the region”, said Stephen Mutana, MTN Uganda General Manager, Mobile Financial Services.
“As Mobile Money is becoming borderless, this partnership with Tigo Tanzania is part of our commitment to offer our customers within the East African Community - an option to transfer funds to their friends, families and business partners using their Airtel Money Wallets”, said Jidia Gasana from Airtel Rwanda.