Airtel Nigeria
has gone into a partnership with First Bank Nigeria Plc to offer consumers a
new mobile payment solution called Firstmonie Talkmore. The strategic partnership, which was sealed with the signing of a Memorandum of
Understanding (MOU) last week in Lagos, makes it possible for Firstmonie
Talkmore to run essentially on Airtel platform to make mobile payment services
easy and accessible to a broader spectrum of Nigerians.
The partnership is the first major collaboration between leading operators in
the nation’s banking and telecoms industries to provide a first class mobile
payment solution to Nigeria.
Specifically, subscribers on Airtel network who sign up to Firstmonie will be
able to send and receive money, buy airtime, pay bills and carry out other
forms of transaction on their mobile phones without operating a bank account.
In addition, any duly registered subscriber on the Airtel network who signs on
to Firstmonie will automatically receive N100 e-value and will be eligible for
N240 bonus airtime.
Speaking on the special offering, the Director Regulatory Affairs and Special
Projects, Mr. Osondu Nwokoro observed that Firstmonie could not have been
better timed in view of the current drive by the Central Bank of Nigeria to
entrench a cashless economy in the country.
“As pioneers in the GSM sector and leaders of innovation in the industry, we
have no doubt that Firstmonie will definitely revolutionize the mobile payment
industry and further endear the Airtel brand to the Nigerian people,” said
Nwokoro.
According to Nwokoro, Airtel has been a leading driver of innovative mobile
payment solutions across Africa having singularly planted Mobile Money
platforms in 16 countries across the continent.
“It is this experience and expertise that we are bringing to bear on Firstmonie
in the hope that it will deepen customer loyalty for Airtel and stimulate
customer acquisition for FirstBank. We also have no doubt that our prospective
subscribers now have one more reason to join Airtel while those who are
dissatisfied with the service they receive from their current network providers
have just been given the perfect reason to port to Airtel, the network that
works,” he continued.
Also speaking on the offering, Head, Marketing & Corporate Communications,
FirstBank, Mrs. Folake Ani-Mumuney observed that the product which facilitates
the integration of both the un-banked and under-banked population into the
financial system also offers an excellent medium for Airtel subscribers to send
funds securely to their families and friends across the country.
“Firstmonie offer is open to subscribers of the Airtel network across the
nation and registration is initiated by dialing *894# on any basic mobile phone
or by logging on to https://www.firstmonie.com/iweb or
https://www.firstmonie.com/imobile,” she said.