Zain enhances mobile banking services in Africa through Zap

Abstract

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.