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Home Finance

Airtel Rwanda subscribers can now send, receive money at zero fee

Taarifa Rwanda by Taarifa Rwanda
June 3, 2021
in Africa, Finance, Financial Inclusion, Rwanda
Reading Time: 2 mins read
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Rwanda’s fast growing service provider of voice, data and mobile financial services has today announced the elimination of all costs for the popular Peer to Peer money transfer.

Announcing the changes to the Airtel Money Tariff, Airtel Managing Director Mr. Amit Chawla said that Airtel is cognizant of the constraints that customers have faced due to Covid-19 and we would like to enable customers to send and receive any amount of money every day for an extended period of time.

P2P (Short for Peer to Peer) as it is popularly known is a service that is used by millions of Rwandans to move money between themselves every day.

“We are delighted to enable customers to move up to Rwf2,000,000 per transaction for up to three transactions a day for free. Rwandans now have an opportunity to save on these fees which, over time will add up and enable Airtel Money Customers to invest it on other things that they need,” he said.

“This comes after the recent reduction of our fees to cash out at an Agent, making Airtel Money up to 20% less than the competition,” Chawla told journalists on Wednesday afternoon.

Also read: A new US$500M loan facility has been signed by Airtel Africa

This move comes on the heels of a recent rollout of dedicated Airtel Money shops to complement the existing network of Airtel Service Centers.

These shops, that have been branded Airtel Money Branches are now available in each and every neighborhood in Kigali and make it possible for customers and Agents alike to deposit and withdraw any amount of money throughout the week as well as the recent reduction of the purchase price of Airtel SIM Cards which can now be purchased from an Agent or Service Center for only Rwf200, a price that has been reduced from Rwf500.

“We are committed to continuous campaigns that provide greater value to our customers and I call upon everyone in Rwanda to choose Airtel Money as opposed to other services whose costs for the same service are not free,” Chawla said.

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Via: Taarifa Rwanda
Tags: AirtelAirtel Money TariffAirtel RwandaAirtel Rwanda subscribers can now send receive money at zero feeAmit ChawlaFinancemoney remittancemoney transferRwandaруандаروانداルワンダ卢旺达
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Taarifa Rwanda

Taarifa Rwanda

Taarifa is a Rwandan news media house established to play a role in shaping the global agenda through telling Africa’s true stories by delivering quick, in-depth and exclusive news on issues and events affecting Africa’s political, economic and social landscape.

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