TNM subscribers can now be able to transfer money to/fro a First Capital Bank account, thanks to an agreed partnership between the two brands.

Officiating the launch of the service was TNM’s head of Marketing, Sobhuza Ngwenya and Srijit Ramakrishnan, head of IT for First Capital Bank.

“At First Capital Bank, we strongly believe in developing partnerships that enable both our customers and non-customers take advantage of the technological advancements we have made through provision of various platforms that allow people to do transactions around the clock. This partnership with TNM is a testimony to that, and we are positive this will create lots of excitement to customers,” said Ramakrishnan.

The development manifests as need for faster transactions, especially in a mobile money powered economy. As Banks take partner with telecommunication companies’ mobile money initiatives, transactions will be made easily and faster than ever before.

 TNM Chief Sales & Marketing Officer Daniel Makata said the new partnership makes financial inclusion a reality by empowering shared customers with access to mobile and digital banking tools to deliver convenience and speed of transactions.