- PostBank customers can now transfer money from their bank accounts to Airtel Money at no cost.
Postbank Uganda, in collaboration with Airtel Money, have announced a strategic partnership aimed at fostering financial inclusion by eliminating charges on all transfers made from the PostApp and PostMobile to Airtel Money wallets.
With this partnership, PostBank customers will enjoy the convenience of transferring funds from their bank accounts directly to their Airtel Money wallets at zero cost
This initiative seeks to reduce the financial burden on PostBank customers while enhancing their access to a wide range of financial services through the extensive network of Airtel Money agents across Uganda.
Julius Kakeeto, the Managing Director of PostBank Uganda say that PostBank Uganda recognizes the importance of leveraging partnerships to expand access to financial services for all Ugandans.
He says that, this seamless integration between PostBank and Airtel Money will empower customers to manage their finances more efficiently and securely, regardless of their location.
According to him, this partnership is a proactive approach aimed at addressing the challenge of the ever-rising cost of living, as they strive to make financial services more affordable and accessible for their our customers.
“Our partnership with Airtel Money is focused on improving financial inclusion and addressing the needs of millions of customers in Uganda who lack access to banking and financial services. This not only demonstrates our mutual dedication to fostering meaningful transformation but also highlights our collective pledge to positively impact the lives of Ugandans”, says Julius noted.
He added that PostBank customers can transfer money from their bank accounts to their Wendi wallet for free by dialing *229# or through the Wendi app.
Japheth Aritho, the Managing Director of Airtel Money, stated, "this partnership is very instrumental. Issues encountered by customers, such as the high cost of cashing out, have been addressed by eliminating transfer charges from the bank to the wallet. Any funds saved today can be directed towards a meaningful purpose".
He also added at Airtel Money they believe in financial inclusion for all.
‘’We believe in empowering Ugandans with the tools to manage their money effortlessly, securely, and affordably. This partnership brings us closer to that vision, making digital payments a seamless reality for our customers.” he said.