Airtel Money and Diamond Trust Bank (DTB) has announced a new partnership that will benefit both consumers and Small and Medium-sized Enterprises (SMEs).
The cornerstone of the enhanced partnership is the ability for Airtel Money customers to now make payments directly to DTB Till Moja merchants. This feature is critical for SMEs as if offers them a new way for receiving payments.
Airtel Money users can also now instantly and securely deposit money directly from their mobile wallets into any DTB account.
Customers will also benefit from a significant reward: a 50 percent guaranteed cashback as airtime on all Paybill payments made through the service.
Anne Kinuthia-Otieno, Managing Director of Airtel Money Kenya, highlighted the commitment to the financial ecosystem. “While customers have previously been able to send funds to DTB accounts, this new feature now extends that convenience to DTB Till Moja merchants, creating even more value for our customers and for small businesses,” she stated.
Kinuthia-Otieno added that the initiative is focused on “removing barriers to financial inclusion and making it easier for everyone to access financial services,” ultimately supporting the growth of a digital economy where every customer and small business can transact seamlessly.
Echoing this sentiment, George Otiende, Director, Retail Banking at DTB, confirmed the bank’s customer-centric approach. “At DTB, our priority is to provide customers with multiple payment options that fit their everyday needs. This partnership with Airtel Money is a step forward in removing barriers to accessing banking services, especially for SMEs and individuals who rely on mobile money for convenience.”
Customers can begin depositing into any DTB account or paying DTB Till Moja merchants immediately via the Airtel Money App or by dialing *334#.