Tigo Tanzania now allows its Tigo Pesa customers to send and receive mobile money from M-PESA Kenya, MTN Uganda, MTN Rwanda, and Airtel Uganda. This is to ensure that Tigo Pesa customers are connected to all major mobile money services across the East African region a move that will grow transactions for cross-border remittance users.
“This new service between the 4 countries further cements how Tigo adapts to its customers’ needs with digital solutions. And it also means that the benefits of mobile money can be extended to cross-border trade, allowing businesses and families to transfer money quickly and securely in East Africa,” said Angelica Pesha; Tigo Tanzania’s Ag. Chief Officer for Mobile Financial Services.
She added that the partnership further cements their position as a provider of choice for mobile financial services.
“We believe this venture will increase the number of transactions for cross-border remittance users,” she concluded.
In his remarks, Stephen Mutana MTN Uganda General Manager Mobile Financial Services, said; “To be able to make our wide network available to customers across the East African region, this is testimony to our continued drive to extend affordable, reliable, secure financial services to not only our customers in Uganda, but to all people in the region”.
Similar to this partnership, in late February of this year, Vodacom Tanzania entered into a partnership with MTN Uganda to the list of telecom partners with whom customers can do mobile money transactions in the East African region.
MTN Uganda has been at the forefront of financial innovation pioneering in the delivery of a wide range of financial services such as micro savings, loans, insurance and merchant payments through MoMoPay.