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

Tuesday, March 27, 2018

By Tyrone Stewart

Digital money transfer provider SimbaPay has launched an AI-powered chatbot service which enables its customers to make international money transfers with just a text.

With the service, which has been developed in partnership with Nigerian payment processing company Interswitch, users of the SimbaPay platform will only require the recipient’s phone number to transfer money over to them – with the chatbot automatically obtaining the bank account or mobile money details of the person.

Photo courtesy of Scott Mainwaring.