Our Digital Payments coverage is brought you by Chillr: India’s 1st multi-Bank instant mobile payment app enabling fund transfers to anyone in your phonebook. Telecom operator Bharti Airtel's mobile commerce subsidiary Airtel Money's total values of transactions in Africa has grown 13.1% to $3.76 billion for the quarter ended September 30, 2015 from $3.33 billion, last quarter. The total customer base using the Airtel Money platform increased by 20% to 8.4 million as compared to 7 million last quarter, while the total number of transactions during the quarter has more than doubled to 241.4 million as compared to 198.2 million last quarter. Some calculations: - Average amount transacted per customer: $447.9, down 5.7% sequentially, down 29% year on year. - Average Number of transactions per customer: 28.7, up 1.5% sequentially, up 16.1% year on year. - Average amount per transaction: $15.6, down 7.1% sequentially, down 38.9% year on year. Airtel Money's customer base is up 58.5% year on year, so, with time, it's likely customers will transact higher amounts. Click here to buy our report on Crowdfunding in India
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