NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Thursday, September 18, 2014

Government’s efforts geared at ensuring that all Rwandans access financial services have been boosted by Airtel Rwanda, which has scrapped charges on Airtel Money service transactions.

Teddy Bhullar, the telecom firm’s boss, said the move seeks to deepen financial inclusion and improve access to financial services.

“The ’It’s Now Free’ promotion will give customers an opportunity to use Airtel Money services, like sending or receiving money, and paying electricity bills, at no cost,” he said at the launch of the drive.

The National Bank of Rwanda targets 80 per cent of the adult population having access to financial services by 2017.