Airtel Money and NATSAVE Launch Zambia’s First Mass-Market Overdraft Service
Airtel Money and NATSAVE launch Fikiliza, Zambia’s first mass-market overdraft service, enhancing financial inclusion and enabling seamless mobile money transactions for millions of customers.
The National Savings Bank (NATSAVE) and Airtel Money have today launched the Fikiliza overdraft service which allows Airtel Money customers to complete their Airtel Money transactions when they have insufficient funds in their Airtel Money account.
Speaking at the Launch this morning, Minister of Commerce, Trade and Industry, Hon. Chipoka Mulenga said the Government of Zambia is always pleased to support initiatives that are aimed at making lives for communities easier.
Airtel Networks Zambia Pic Managing Director, Mr. Hussam Baday emphasized that partnerships enhance not just brand visibility, but also augments the products and services offered because of the shared expertise and knowledge that is brought to the table by the partners
Natsave Director Retail Banking, Ms Cynthia Mwila speaking on behalf of the Acting CEO, Ms fatma abad, said her bank was excited about the partnership as it embodied its vision of delivering financial inclusion while making banking accessible, reliable, and customer centric.
Airtel Money Country Director, Mr. Andrew Chuma explained that this new facility is the first-ever mass market consumer overdraft service in Zambia, a service that will be avaitable and accessible to millions of Airtet Money customers, enabling them to make essential transactions even when their mobile money wallets fall short.
