Airtel Uganda, together with its technology partners Comviva, has won the 2020 Digital Wallet Innovation Award under the ‘Market Adoption’ category, a statement from the company notes.
The awards, which were organised by Aite Group, a global research and advisory firm, also saw Airtel Uganda and Comviva win the grand prize. The awards were part of the virtual Mobile Payment Conference held on Monday.
Amit Kapur, Airtel Uganda chief commercial officer, while commenting on the award, said: “This award recognises our effort towards making Airtel Money a world-class service, and Airtel Money’s revolutionary impact on increasing financial inclusion, digitizing payments and creating a digital cash-lite Uganda. The award has come at a right time, when Airtel Africa is celebrating its 10th anniversary.”
Aite Group annually recognizes innovation by digital wallet providers who are changing the way commerce is done. As the coronavirus continues to pound global economies, digital wallets are becoming the engines of commerce.
Thad Peterson, senior analyst at Aite Group, while describing the importance of digital wallets, said: “And as can be seen with Airtel Money Uganda, they have the power to move complete economies.”
There are over 102,000 active Airtel Money agents and over 850 active and dedicated Airtel Money branches spread across Uganda.