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Airtel in push for cashless economy

Author: Ivan Ngoboka
On:3/06/2015 16:23
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Airtel Rwanda has today launched an Airtel Money Campaign dubbed Pay with Airtel Money. The campaign will see more additions to the Airtel Money Payments portfolio to include School fees Payment and eventually Water and RRA tax payment by end of June 2015.

The development comes in a bid for the company to encourage mobile payments with Airtel Money, provide payment ease and convenience while contributing to Rwanda’s efforts towards a cashless economy.

Launching the campaign in a media event held at the Grand Legacy Hotel, Airtel Rwanda Managing Director, Mr. Teddy Bhullar said, “With our ‘Pay with Airtel Money Campaign,’ we are optimistic that the we will create a new wave of accepting payments using the mobile phone technology, thus bridging the gap between the traditional brick and motor modes of payment.”

He added, “The Airtel Money payment gateway will enhance and create ease amongst the Airtel money customers; and as a telecom, we believe that this is the journey towards answering the questions around financial inclusion.”

John Karamuka, Head of Payment Systems at the National Bank of Rwanda commended Airtel for taking steps in creating avenues for mobile payments. He said, “Rwanda’s mobile financial sector is showing steady growth in mobile payments with 104, 773, 115 transactions in mobile payments in the last year alone. It’s economically beneficial for the country to have less physical cash exchanging hands and to see telecoms spearheading this.”

Also speaking at the event, the WASAC CEO, Mr. James Sano said that the E- Government payment for water once introduced would make it easier for customers to pay their monthly utility bills in a convenient way.

Speaking on behalf of Schools already using Airtel Money for School fees payment Mr. David Gatoya from Lycee de Kicukiro Apade welcomed the new development saying parents would now have another Payment gateway for school fees and that it would also be easier for the school to reconcile these payments.

Mobile payments continue to grow in Rwanda owed to mobile technology which plays a big role in enhancing electronic payments and usage of mobile based financial services.

Airtel customers can make payments at their convenience by simply dialing *182# and following the prompts.

 



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Ivan Ngoboka

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