Bharti Airtel has entered into partnership with financial services institution BGFIBank Group to expand mobile money access to the latter’s customers in four African countries. As per the partnership deed, Airtel Money customers that are BGFIBank account holders will be able to transfer money between their bank accounts and Airtel Money, check their BGIF account balance, confirm transactions on their BGIF accounts, order cheque books and ATM cards and access to bank statements.
With the signing of this agreement, Airtel Money and BGFIBank Group are set to launch products and services in the four countries, including mobile savings account, mobile loans and International Money Transfer services.
Bharti Airtel has been one of the pioneers in India’s telecom revolution over the past two decades. In Africa, Bharti Airtel is the largest mobile operator in the Continent in terms of geographical footprint, which spans 17 countries with over 70 million customers.
