Zain brings mobile banking to over 100 million East Africans

Leading mobile telecommunications provider Zain today announces the revolutionary enhancement of Zap, its rapidly expanding mobile banking service currently available  to over 100 million people in East Africa and run in partnership with CitiBank and Standard Chartered Bank. From today Zap customers can swiftly and securely receive money from any bank account around the world and easily send money to any bank in Kenya, Tanzania and Uganda. This is the first time in the world any mobile bank account has been configured so that its users can receive funds from anywhere in the world directly to their mobile handset as well as send funds directly to their Bank accounts.
In addition Zap allows customers to use their mobile phone 24 hours a day to:
  • Manage their bank accounts
  • Pay for goods and services and settle their utility bills
  • Receive Zap money – and send Zap money to their friends and family
  • Top up their airtime account – or top up someone else’s
  • Check their balance and keep on top of their payments

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Zain launches Zap Mobile Banking, targets 100Mn customers

Leading mobile telecommunications provider Zain announced its plans to bring mobile banking to over 100 million people in East Africa with the launch of its new service, Zap. With the most comprehensive and accessible package of mobile banking features currently available on the continent, Zap will be initially available in Kenya and Tanzania and will shortly launch in Uganda. It represents the most comprehensive mobile banking service and will provide millions of people with access to banking for the very first time.

Zain is partnering with leading international and regional banks including Citigroup and Standard Chartered Bank to launch Zap, which will allow Zain customers in the three countries to use their mobile phone to:

• Pay bills and pay for goods and services
• Receive money and send money to friends and family
• Send and receive money to the bank accounts
• Withdraw cash
• Top up their own airtime account or top up someone else’s
• Send airtime to Zain customers in East Africa
• Manage their bank accounts

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