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Home Corporate News

Airtel Money and Absa Bank Kenya Launch New Payment Service

Ivan Lewa by Ivan Lewa
in Corporate News
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Airtel Money and Absa Bank Kenya have signed a partnership to enhance digital payments solutions, introducing a new service that enables direct transfers from Airtel Money wallets into Absa Bank Kenya accounts, as well as payments to Absa merchant paybill accounts.

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Speaking during the signing of the partnership, Airtel Money Managing Director Anne Kinuthia said that the service addresses the growing customer demand for simple, fast and reliable payment solutions.

“As customers increasingly demand payment solutions that are simple, fast, and reliable, this partnership addresses the long-standing friction points in digital payments, supporting the growth of small businesses and making digital payments work better for everyday life,” said Airtel Money MD Anne Kinuthia-Otieno.

The service will also see Airtel Money customers enjoy upto 100% guaranteed cashback as airtime on all paybill payments.

On his part, Absa Bank Kenya Business Banking Director Renato D’Souza noted that the initiative is set to improve convenience for small and medium-sized enterprises (SMEs), while unlocking the full potential of digital payments across Kenya.

“By enabling seamless transfers and simplifying payments, we are giving entrepreneurs more control, more choice, and more efficiency in how they manage their cashflows. This is about unlocking the full potential of digital payment for SMEs across Kenya and ensuring they have the tools to grow with confidence in a rapidly evolving economy,” said Mr. D’Souza.

Absa Bank Drives Inclusive Digital Payment in Kenya

The initiative demonstrates the lender’s commitment to driving inclusive digital financial solutions across the country. Customers can make merchant payments through the My Airtel App or the Airtel Money USSD menu by dialing *334# and use the Absa paybill number 303030.

Also Read: Banks Apply Premiums of Up to 16.57% as New Loan Pricing Takes Effect

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Tags: Absa Bank KenyaAirtel Money
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