Airtel Money has today introduced Bizna Wallet, a new digital wallet designed for small businesses. Bizna Wallet is Airtel Money’s equivalent of Safaricom’s M-PESA Pochi la Biashara , targeting Kenya’s micro and small businesses with a dedicated business wallet.
Speaking during the launch, Airtel Money Kenya Acting Managing Director Michael Bonke said the product was developed to address the day-to-day financial management challenges faced by micro and small enterprises. “Airtel Money Bizna Wallet enables business owners to separate business income from personal finances, monitor daily sales, access mini statements, receive payments across mobile money networks and protect business payments from unauthorized reversals.”
Unlike the previous airtime-based rewards, cashback will be credited as cash into a dedicated Cashback Wallet, allowing customers to transfer the funds into their main Airtel Money wallet and use them across Airtel Money services. The cashback offer is available to all registered Airtel Money customers in Kenya on qualifying transactions of KES 101 and above.
