Airtel Removes Code Limiting Cash Transfers Across Networks

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Airtel Money revolutionizes cash transfers with the removal of withdrawal restrictions, enabling users to retain funds indefinitely. This move, prompted by collaborative efforts with the Central Bank of Kenya and industry stakeholders, aligns with the CBK’s National Payments Strategy, fostering seamless mobile money interoperability.

Now, Airtel Money customers can receive funds from any network directly into their wallets, enhancing convenience and efficiency in financial transactions.

Anne Kinuthia-Otieno, Airtel Money’s Managing Director, emphasizes the customer-centric approach behind this innovation, highlighting its significance in driving industry growth and fostering innovation.

With the National Payments Strategy promoting seamless customer journeys and expanded financial inclusion, Airtel Kenya’s MD, Ashish Malhotra, underscores the transformative impact of real-time transactions, simplifying processes and bolstering the mobile money market’s accessibility.

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