Malawi: Standard Bank Partners Airtel Money

Standard Bank has announced a ground-breaking partnership with Airtel Money that aims to give customers seamless control of their financial transactions and take financial inclusion to a higher level.

Announcing the partnership, Head of Personal and Business Banking Margaret Chaika Kubwalo said: "We are moving the next step forward in providing convenience and efficiency to our customers by providing them platform that allows them push and pull money to and from their Standard Bank and Airtel Money Accounts."

The platform enables Standard Bank customers manage their money when making various transactions such as utility bills, airtime purchases and transfers and account balance.

For his part, Airtel Money Country Director Francis Matseketsa said the joint financial service confirms Airtel Money as the market leader in mobile money transfers.

"As a service, Airtel Money has gained massive acceptance from our growing customer base during its four years in operation. Across, Africa, Airtel Money is the most widely used means of money transfer.

"On the other hand, Standard Bank as a financial services provider is a market leader on the continent. This partnership is about two best brands working together for the mutual benefit of our shared customers," said Matseketsa

He said the partnership will save customers time and money and is backed by the robust ICT network platforms the two providers are backed up with.

SOURCE:NYASA TIMES