By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Melo Media - Zambia's No.1 News PlatformMelo Media - Zambia's No.1 News Platform
Notification Show More
Aa
  • Home
  • Politics
  • Entertainment
  • Sports
  • Business
  • ROSSA
  • eMelo Magazine
  • About US
    • Privacy Policy
Reading: AIRTEL LAUNCHES NEW PAYMENT SOLUTION
Share
Aa
Melo Media - Zambia's No.1 News PlatformMelo Media - Zambia's No.1 News Platform
  • ROSSA
  • eMelo Magazine
  • Sports
  • Entertainment
  • Business
  • Politics
Search
  • Home
  • Melo News
  • Politics
  • Entertainment
  • Sports
  • Business
  • ROSSA
  • eMelo Magazine
  • About US
    • Privacy Policy
Have an existing account? Sign In
Follow US
Melo Media - Zambia's No.1 News Platform > Blog > Tech > AIRTEL LAUNCHES NEW PAYMENT SOLUTION
Tech

AIRTEL LAUNCHES NEW PAYMENT SOLUTION

Editor - Melo Media (ZM)
Last updated: 2022/08/10 at 5:02 AM
Editor - Melo Media (ZM) Published August 10, 2022
Share
SHARE

Loading

Airtel Zambia has launched a new payment solution called Airtel Money Pay which is a Merchant Wallet specifically targeted at the informal sector to help them separate Business and Personal transactions without the need for documents that would normally be required to register.

Speaking during the breakfast launch today, Minister of Technology and Science, Felix Mutati says the government is aware of the role that mobile money plays in the economy and it is projecting this year that mobile money transactions will exceed K200 Billion.

Mr. Mutati said the government needs to begin to think through on how that mass of cash can be used to drive liquidity in the economy to drive the reduction of the cost of money and motivate investment in the country.

The Minister said that there must be solutions on how that volume of circulation can be used to create liquidity to reduce the cost of money.

And Airtel Managing Director Apoorva Mehrotra said Airtel Money is embarking on a journey to help digitize payments for Micro, Small and Medium Businesses in Zambia and help to realize the dream of a cashless economy.

Mr. Mehrotra said the imitative will enable micro-merchants to access products like savings and loans and enable the transition towards a digital economy for the country.

You Might Also Like

EAZ to host the upcoming 2023 Economic Summit.

A total of 9.4 million kwacha was disbursed to officers who were not eligible

The Impact of Festive Spending and the 13th Check on Inflation and Currency Pressure

The government is being urged to enforce regulations that would require investors to sell emeralds and other valuable gemstones within the country.

The depreciation of the Kwacha is expected to persist as a result of the decline in production.

TAGGED: MeloMedia
Editor - Melo Media (ZM) August 10, 2022 August 10, 2022
Share this Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
Facebook Like
Twitter Follow
Youtube Subscribe
Telegram Follow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Popular News
Melo News

More than 50 pupils benefit on MHD 2022.

Editor - Melo Media (ZM) Editor - Melo Media (ZM) May 28, 2022
Masebo has launched a cutting-edge digital platform that facilitates the storage of medical records.
Zambia’s Former Minister of Justice Given Lubinda Arrested for Breach of Parliamentary Privileges
Uhuru affirmed Kenya’s commitment to working with Zambia and other African countries in improving the ease of doing business.
Top 15 African Countries that are attracting more Direct Foreign Investors (FDI).
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Copyright Melo Investments Limited © 2023. All rights reserved.

adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?