MTN Group and Barti Airtel in Mobile Money partnership
MTN Group and Bharti Airtel have announced a cross-border remittance partnership that seeks to remove the hassles of transferring money between Ivory Coast and Burkina Faso for the operators’ Mobile Money customers.
The partnership will enable Mobile Money customers of MTN Ivory Coast and Airtel in Burkina Faso to easily transfer money between the neighbouring countries.
MTN Mobile Money enables users to perform local and international money transfers, make utility and other service payments, purchase airtime and access range of mobile financial products.
As of 31 December 2013, MTN Mobile Money had 14,8 million registered users, and was available in 14 countries.
The group said it continues to pursue opportunities to develop unique offerings to add to its growing financial services portfolio.