MTN and Skrill aim to revolutionise Africa's digital space - CNBC Africa

MTN and Skrill aim to revolutionise Africa's digital space

Technology

by Trust Matsilele 0

MTN and Shrill aim to revolutionise digital space. PHOTOS: redpepper /connectionivoirienne

The two communication giants said the deal is focused on helping MTN subscribers to take part in the global digital revolution.

“Our partnership with Skrill is another important step in our journey to offer customers the ability to use mobile money for online purchases. Through this partnership, MTN is enabling global digital payments, further enhancing our mobile money wallet,” Pieter Verkade, MTN Group chief commercial officer said.

To transact using mobile money, [DATA MTN:MTN Group Limited] customers do not have to open a Skrill account as users can simply go to the website of a Skrill merchant, select a purchase and choose the option to ‘Pay by Skrill’.

Nilesh Pandya, SVP of Emerging Markets at Skrill said the deal will see MTN’s 200 million mobile users getting an opportunity to embrace digitalisation.

“Our partnership with MTN enables its 18.4 million mobile wallet customers to enjoy the benefits of digitisation that those in developed markets take for granted, and provides impetus for MTN’s remaining 200 million mobile subscribers to embrace mobile payments,” noted Pandya.

(READ MORE: MTN, Ecobank partner in mobile money venture)

“This ground-breaking launch brings together leading mobile operators and online businesses, enabling global online brands to connect with consumers in emerging markets, and leverage the true power of digital transactions.”

Skrill operates online payment security across all payment methods, including credit card, bank transfer and now, MTN Mobile Money. There is no additional cost or charge for MTN Mobile Money payment when making purchases via a Skrill merchant website.

As of June 2014, MTN Mobile Money had over 18.4 million customers in 15 countries. The service enables users to perform local and international money transfers, make utility payments and purchases.

(READ MORE: MTN plans $250 MLN Ivory Coast telecom network upgrade)

MTN Mobile Money users in Ivory Coast and Rwanda will be the first to enjoy benefits of the partnership, when the ‘Pay by Skrill’ service is introduced this month.

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