Airtel Africa Launches Smartcash Payment Service Bank

Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially launched Smartcash Payment Service Bank Friday (July 1). 

Smartcash will operate as a wholly-owned subsidiary of Airtel, providing financial services across Nigeria. Services the bank will offer include accepting deposits from individuals and small businesses, carrying out payment and remittance services within Nigeria, issuing debit and prepaid cards and more.