Mukuru Majorly operates in South Africa and with the partnership, its customers will be able to send cross border transfers to Airtel Money customers wallets in the countries. Customers will be able to make seamless international money transfers without having to visit an agent to make or receive their cash. Once a customer receives money on their accounts, they will be able to use them to avail a broad range of online products and services through the Airtel Money platform, including paying utility bills, purchasing goods and services, transferring money to family or withdrawing cash from any of Airtel Africa’s exclusive branches. The deal will also see Airtel Africa significantly expand its mobile payment offering, particularly in Southern Africa, where Mukuru has a strong market presence. The service will first rollout in Malawi, Zambia, Uganda, Tanzania, Kenya and the Democratic Republic of the Congo, with future plans in place to launch in subsequent Airtel Money markets. The companies did not comment on when they will materialize the plans. However, the partnership still awaits regulatory approvals to be fully operational.
