What is airtel?
Airtel is India's leading telecommunications company, contributing to India economic resurgence and reformation. It is India's first mobile payment banking system, allowing customers to pre or post pay bills or transfer money. Today airtel provides Mobile services, Telemedia services, to connecting India's leading 1000+ corporates. airtel also connects Indians living in USA, UK and Canada with a "call home" service.
What are Mobile Payments?
Whether it is booking travel, buying online, paying back loans, or sending money to friends and family, payments need to be made. Mobile payments make that process efficient and effective. Instead of cash and credit cards, mobile payments allow customers to use a mobile device, which they carry everywhere, to pay for goods and services.
In the African travel industry, mobile payments simplify the reservation process by enabling users with a mobile money account in any country to instantly make travel purchases in their home and foreign countries.
What are the benefits of Mobile Payment Solutions?
Ability to Provide Financial Services. Mobile payments are a great solution for providing financial services to the unbanked population of the world (estimated at 50% of the world’s adult population, according to Financial Access’ 2009 Report “Half the World is Unbanked”). Because 70% of Africa now has mobile phones and banks in this part of the world are inaccessible to most of the population, mobile payment solutions are an effective way to supply the banking services needed by the people.