TNM partners First Capital Bank in digital banking


TNM has extended its digital financial inclusion strides to First Capital Bank using its mobile money transfer service, Mpamba.

According to a press statement from TNM, the partnership will enable TNM Mpamba customers to transact with their First Capital Bank accounts by either pushing money to the bank or pushing money to Mpamba wallets.

“It will also enable First Capital Bank customers to transact with any Mpamba wallet using their accounts. The shared customers will also gain access to transaction with other banks that are already in partnership with TNM Mpamba.

“TNM Mpamba last year also entered into partnership with First Capital Bank that empowers other non- First Capital Bank and TNM customers to access the bank’s digital banking platforms,” reads the statement.

The partnership establishes First Capital Bank as one of the channels for the cash-out service for TNM mobile money, Mpamba according to TNM.

“Through any First Capital Bank ATM, Mpamba customers are able to withdraw money from their Mpamba wallets regardless of whether they are First Capital Bank or non- First Capital Bank customers,” adds the statement.

To access the service, customers wishing to push from their Mpamba wallets are required to dial *444#, choose 5 (financial services) and follow the proceeding menu prompts. Customers wishing to push from their bank accounts must be registered on First Capital Bank Mobile platform.