Wednesday, December 4, 2024

Airtel Money takes over DRC

Airtel Money takes over DRC

In December 2012, with the support from the DRC Government and in partnership with the Congolese Association of Banks and local banks, more than 1,100 policemen received their salaries through Airtel Money.

That was then…

Fast forward to December 2014, Airtel Money, has hit the 1 million revenue-earning customers landmark in the Democratic Republic of Congo (DRC).The achievement is significant because DRC has the largest mobile-money potential in Africa outside Nigeria and Ethiopia, according to industry statistics.

Co-Op post

With this development, DRC has emerged the only market in Africa – outside of the East African Community region and Zimbabwe – where mobile money has achieved scale.

Alain Kahasha, the Managing Director for Airtel DRC said “this is a key milestone for Airtel Money and we are excited that the service is fast becoming helpful to driving DRC’s economy and empowering people. I am pleased that, as we celebrate this achievement, DRC remains one of the markets where mobile money is making a socio-economic impact, pioneering services such as civil service salary payments in partnership with the government.”

Airtel Money is a secure and convenient mobile commerce service that allows customers to transfer money between one mobile phone to the other across all networks, top up mobile phone with airtime or data or another customer’s mobile phone. The service has reached low-income customers enabling them have access to convenient and affordable financial services.

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