MTN Rwanda opens mobile money remittance corridor to Tanzania

MTN Rwanda opens mobile money remittance corridor to Tanzania

Geza Ulole

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MTN Rwanda opens mobile money remittance corridor to Tanzania
Thursday 5 July 2018 | 11:47 CET | News
MTN Rwanda announced that it has opened the mobile-to-mobile remittance service between Rwanda and Tanzania. MTN Mobile Money users in Rwanda are now able to send money to Airtel Tanzania subscribers seamlessly and affordably through the MFS Africa Hub. The Hub connects mobile wallet customers across networks and countries in sub-Saharan Africa, enabling affordable mobile-to-mobile international money transfers.
To send money to Airtel Tanzania, MTN Rwanda customers will be required to dial *830# from their handsets and follow the prompts, where they will also view the equivalent amount to send based on prevailing foreign exchange rates. They will then be prompted to approve the transaction with their MoMo PIN. Upon sending they will receive a confirmation message that the transaction has gone through. Customers can send small amounts of money, even below RFW 100, with transfer fees from RFW 3.

MTN Rwanda opens mobile money remittance corridor to Tanzania
 
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