Co-op Bank, airtel to partner in mobile money

By standard reporter

Co-operative Bank and Airtel have entered into a partnership that will enable   Bank’s mobile money subscribers to deposit and withdraw money directly from their phones using their Airtel lines.

The service will also enable the customers to pay their utility bills, receive bank transaction alerts and check account balance. They can also receive mini statements among other services. The service will be available to all registered Co-op Bank Mobile Money subscribers with Airtel lines.  

Speaking at the launch of the service, Co-op Bank Director for Corporate and Institutional Banking, Tom Kariuki, said   the Bank is focused on providing its customers with flexible, convenient and easy access to their money.

“We are pleased to partner with Airtel to give our customers yet another way to access their money. Mobile Banking registered customers with Airtel lines can access their money from anywhere in the country at their convenience.”

 Airtel Kenya Managing Director Mr Shivan Bhargava said the telecom firm believes in the delivery of innovative and relevant solutions. “We want to make life easier for our customers by providing convenient and easy to use communication and mobile commerce products and services.”

Customer education

 He added that the company will also put emphasis on the education of its customers on the benefits of using Airtel Money mobile commerce solutions.

 “We will continue to offer locally relevant and simplified solutions that our consumers can readily relate to in their daily lives in our true Kenyan spirit. “ Mr. Bhargava concluded.  The bank has 2.8 million customers, c 105 branches, 450 ATMs, 3,700 Co-op Kwa Jirani agents.