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Chad mobile money service unveiled

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Sharefin

Pan-African wireless operator Airtel has teamed up with Ecobank to launch its Chad's first mobile money service.

 

This service is believed to allow subscribers to carry out financial transactions on their mobile phones and enhance the delivery of financial services at affordable costs.

 

Salia Gbane, CEO, Airtel Chad, said, "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."