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    E-Kwanza mobile payment service launched in Angola

    Angolan Investment Bank (BAI) has launched e-Kwanza a mobile money service that allows users to make transfers and payments for goods and services across the country.
    FreeDigitalPhotos
    FreeDigitalPhotos

    In a statement the bank said the service allows its individual customers to transfer money to family and friends anywhere in the country and make payments easily, quickly and securely.

    BAI said: "Customers can register (free of cost) at BAI counters; every individual can activate his or her user account via an Interactive Voice Server (IVR) from which registration be confirmed in addition to the instructions given by customers and sent by SMS to them. All physical currency processing in electronic money, and vice versa, will be guaranteed by the BAI agencies."

    Source: HumanIPO

    HumanIPO is a top pan-African technology news site, with journalists based in all the continent’s major hubs covering Africa’s technological revolution. Whether it is startups, innovations or big tech business, you can read about it first on HumanIPO. We truly are the home to African tech.

    Go to: http://www.humanipo.com/
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