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
