This is according to the CEO of Airtel Tigo, Roshi Motman.

The move which will make them the second biggest mobile money operator in the country also forms part of the integration of the two companies after their merger in November 2017.

The telecommunication company has signed an agreement with Mahindra Comviva, a global leader in providing mobility solutions to help the company deliver the mobile money service on a secure and reliable platform.

The integration is expected to deliver superior customer experience by providing access to wider agent network, reduce customer cost of transaction, and facilitate product innovation.

Addressing journalists at a press conference, Roshi Motan revealed that move will be done in collaboration with 20 banks in the country to increase liquidity in the market.

“Another important point is with our partner banks so we are increasing the number of our partner banks to approximately twenty of them and the reason why we are doing that is first of all we want to be able to ease the liquidity in the market”.

The mobile money service of Airtel Tigo is currently in collaboration with eleven banks, some of which are Ecobank, Zenith Bank, Fidelity Bank, Barclays Bank and GCB Bank.

Madam Rotman also explained that the service also seeks to bring convenience to its customers,

“Another major point is that we want our customers to easily be able to put money in the mobile wallet from the banks and from the banks into the mobile wallet.”

Meanwhile Director of Airtel Tigo Money, Edmund Barwah who assured customers of a secure platform to conduct their transactions, said the operational vending centers will also be increased from the current thirty thousand to sixty thousand.

“The integration and the merger also presents to us an opportunity of an expanded agent base; today, one of the key transactions within mobile money is the cash in cash out, we are expanding the ecosystem which means that we will be readily available everywhere”.

“Currently we have about thirty thousand vendors and we are looking to double that figure to 60 thousand within the next few months”.

AirtelTigo registered mobile money customers is currently at 6 million with a value transaction count at 4.5 million per month.

–

By: Anita Arthur/citibusinessnews.com/Ghana

The post Airtel Tigo integrate mobile transfer platforms appeared first on Citi 97.3 FM - Relevant Radio. Always.

[contextly_sidebar id=”fyD44OaZAbuliQX0jOiWv4lb4oBQc1SH”]According to Tigo, 65,000 customers have so far received interest on their Tigo Cash.

A total of over GHc1.2million is expected to be paid to all Tigo Cash users by the end of the first and second quarter payment windows.

Speaking to Citi Business News on the latest development, Chief Commercial Officer of Tigo Ghana Tara Squire assured all Tigo customers will get their interest paid as directed by the BoG soon.

“For today [Tuesday], we’ve already paid over 650,000 customers and we are still paying. People have various amounts and we are continuing to pay. The subscriptions are worth about 1.2 million cedis.”

The payment follows a directive by the BoG for all telcos to pay interest to customers of mobile money banking.

“For me it’s a great day for mobile wallets and for financial inclusion because henceforth, it doesn’t matter where the money sits, be it on your mobile phone or traditional bank account, you have the power to earn interest on it which is exciting.”, Mr Squire added.

He concluded saying “What we are paying now is quarter one and quarter two. So even though the approval is been given on the 11^th of September to go ahead, its retrospective. It goes back to the rest of the year.”

Tigo launches new product

Meanwhile Tigo Ghana has launched its new Cash product which allows customers buy airtime for anyone on any network in Ghana and over 100 countries across the world.

The new product is dubbed Tigo Cash International Buy Airtime.

With the new addition, Tigo customers roaming on the Tigo network can equally purchase airtime for themselves and other international networks at no extra cost.

Chief Commercial Officer of Tigo Ghana Tara Squire says “this innovation we believe will change the way customers interact with the mobile phone as it brings more convenience to them.”

–

By: Jessica Ayorkor Aryee.

The post Tigo begins payment of ‘Tigo Cash’ interests appeared first on Citi 97.3 FM - Relevant Radio. Always.