Western Union is partnering with Bharti Airtel to launch real-time mobile payments in India and across 14 countries in Africa, using Airtel Payments Bank and Airtel Africa.
Airtel Payments Bank customers will soon be able to direct a Western Union money transfer into their bank accounts 24 hours a day, seven days a week. Global senders can use Western Union’s digital services in 75 countries plus territories, or the walk-in Agent network across more than 200 countries and territories.
The collaboration with Airtel Africa will enable more than 15 million Airtel Money mobile wallet users in Nigeria, Uganda, Gabon, Tanzania, Zambia, DRC, Malawi, Madagascar, Kenya, Congo, Niger, Tchad, Rwanda and Seychelles to simply route any money transfer received from across the world into their wallets.
It will also allow senders around the world to push funds directly to an Airtel Money mobile wallet in real-time and store value or pay for goods and services. Service launch is expected in 2020.
India is the world’s largest remittance-receiving country, according to the World Bank.
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