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Airtel Money goes global with new virtual card

by Michael Kironde
in Business, News
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Airtel Money goes global with new virtual card
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Airtel Money consumers can now have access to global shopping thanks to the company partnering with Diamond Trust Bank and Visa to launch a global pay  virtual card.

The move will open e-commerce opportunities for Airtel Money customers and also make it easier for Ugandans when travelling abroad.

Speaking during the launch, the Airtel Money Uganda Managing Director, Japhet Aritho said the new card will go a long way in supporting e-commerce to flourish.

“We are not only availing global card to enable you purchase products anywhere in the world, we are also giving you total control over it. It means someone with a mobile phone is now able to access anything they want to buy anywhere in the world,” Aritho said.

Godfrey Ssebaana, the CEO of DTB described the new product as a great innovation .

“We are coming up and saying, instead of holding a plastic card, we can give you a digital card.You don’t even have to have a smartphone to access it. By just using a USSD code, you can access your card and make that payment to Netflix. You buy that ebook, you can buy that content that you think is going to help your business. So in in doing this, what are we committing to you, our customers, we are committing to offer a very secure solution that is supported by strong Cyber Framework,” Ssebaana said.

“ Our commitment to you is that we are going to put up quite a lot more sales products that are going to be of benefit to customers for now and the medium term.”

Lenin Oyuga from Mastercard said they are happy to connect customers financially to the other parts of the world

“One key thing that Airtel has always shared as a vision is to provide a convenient and seamless payment experience for their customers, which is a common vision that we share as all partners, you know. You’re looking at over 11 million active and monthly users every single month that are interacting with the application and the mobile phone. And all these people need services. All these people need to subscribe to on Netflix. All these people need to subscribe and, you know, do a cross border, payments across border, but with the comfort of their mobile phone. And that’s what has brought us here today,” Oyuga said.

 

Tags: Airtel MoneyCross-border PaymentsDiamond Trust Bankdigital transactionse-commercefinancial inclusionfintech innovation.global paymentsJaphet ArithoMobile moneyonline shoppingsecure paymentsUgandavirtual Visa cardVisa partnership
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Michael Kironde

Michael Kironde

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