Airtel brings mobile banking to Chad

19 Jun 2012

Airtel Chad has launched the nation’s first mobile banking service, dubbed Airtel Money, allowing its customers to carry out financial transactions such as paying utility bills through their mobile phones. It is hoped that the service, which was launched in conjunction with Ecobank, will contribute to job creation and business opportunities. The cellco’s CEO, Salia Gbane commented on the launch: ‘This service allows customers to send money to their relatives, pay essential bills such as electricity and water, tuition fees, bookings and even buy groceries without having to carry cash. The phone essentially becomes an electronic wallet. This partnership clearly demonstrates the revolutionary role that mobile communications can play in improving the living conditions of the communities that we serve.’ As noted in TeleGeography’s GlobalComms Database, Airtel’s main rival in Chad, Luxembourg-backed cellco Tigo Chad, has previously announced plans to extend its Tigo Cash service to the country during 2012, but has been beaten to the punch by Airtel.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share