![[Tanzania] Airtel partners with NMB to boost Airtel Money agents’ customers’ convenience](Airtel Money Merchant.jpg)
[Tanzania] Airtel partners with NMB to boost Airtel Money agents’ customers’ convenience
Airtel has entered into a partnership with National Microfinance Bank, in an agreement that will see Airtel Money agents getting floats from NMB branches across the country in a bid to boost efficiency in mobile money services.
According to Airtel Managing Director, Sunil Colaso, the partnership with one of the leading banks in Tanzania is aimed at boosting customers’ convenience in mobile money transactions.
“Airtel Money partnership with NMB underscores Airtel’s commitment to continue driving financial inclusion in Tanzania by providing customers with a quick and convenient way to transact mobile money services,” he said in the statement.
“Also with a sound regulatory framework we will continue to build a healthy distribution Network and driving Customers’ uptake.” He said Airtel was grateful that NMB would now be part of Airtel Money Wakala’s ecosystem to manage their float availability and increase efficiency in serving our customers at all times.
Money services continue to go through an evolution that encourages partnerships and collaborations that guarantees the customer convenience, security and comfort. I am confident in the years to come, Tanzania will continue to spearhead Mobile Money services through this kind of partnerships for better financial inclusion, he said.
“This is a significant milestone for our businesses as our over 45,000 Agents complements over 160 NMB branches across Tanzania which guarantees agents simplicity to withdraw or deposit Airtel Money floats at all times.
NMB will manage physical cash movements and its accounting while Airtel Money will manage float movement and its accounting,” he explained.
