Airtel Zambia and Barclays Bank Zambia have partnered to enable vcash transfers between bank accounts and mobile money wallets for customers.
To do this, Barclays account holders should dial *229# and enter their pin:
Then proceed to choose option ‘2. Mobile Money‘:
Afterwards they can choose the network operator with which the mobile money account is held with, in this case ‘1. Airtel Money‘:
There are 2 options whether to send the money to the user’s own mobile money account, or to another person’s:
After this senders and the recipient will receive confirmations of the transfer. That’s pretty much it.
MTN Zambia also partnered on the same transfer service recently. Zamtel have just launched the Kwacha mobile money service so we’re yet to see which financial institutions they will partner with in coming months.