Tag: vodacom

WorldRemit Partners with Vodacom Tanzania

WorldRemit Partners with Vodacom Tanzania

Business, Mobile
Leading digital money transfer service WorldRemit has partnered with Vodacom Tanzania to enable nine million M-Pesa customers to receive money directly to their M-Pesa wallets from friends and family living abroad. The new service increases convenience for money transfer recipients in urban and rural areas of Tanzania as they can receive international money transfers directly to their phones, without the need for a bank account or internet connection. Using the WorldRemit app, Tanzanians living abroad in over 50 countries, including the US, UK and Canada, can send money home 24/7 in just a few taps. This saves customers time and money as they do not have to travel to a traditional money transfer agent and pay expensive fees to send money home in cash. WorldRemit is a global leader
Vodacom to offer Made in Africa Smartphones

Vodacom to offer Made in Africa Smartphones

Business, Mobile, Technology
Following the launch of Mara’s smartphone factory in October, Vodacom has announced that Mara smartphones will be available at participating outlets from Monday (9 December). “Vodacom is proud to offer the ‘Made in Africa’ Mara smartphones to our customers, not only because it provides South Africans with the opportunity to connect to the things that matter most to them, but also because this supports our commitment to African innovation,” says Davide Tacchino, Terminals managing executive at Vodacom. “Vodacom believes that the journey into the Fourth Industrial Revolution begins with investment that leads to growth. “Our end-goal is to connect all South Africans to a better future. Being able to do so with devices made right here in our country, while simultaneously contributing to
Safaricom to target new liberalizing markets once it fully acquires MPesa from parent Vodafone

Safaricom to target new liberalizing markets once it fully acquires MPesa from parent Vodafone

Business, Internet, Mobile
Safaricom is working on a joint venture with Vodacom Group to acquire the MPESA brand from Vodafone. The deal, when finalized, will cost the two companies $13.4 million. According to Collymore, acquiring the rights to MPESA will allow the partners to expand the platform’s footprint in Africa and develop more local products. “We are watching Ethiopia closely because as we see the liberalization of the markets, both the mobile payments market, the telecoms market and the banking sector, we think there could be opportunities,” Collymore said. Speaking to The Africa Report in February, Collymore had said a successor should be, “Someone who understands the financial sector a lot more, if we are to occupy the fintech space, and someone who is not going to be scared of going into other mark

Vodacom Tanzania signs deal for M-Pesa partnership

Mobile
With East Africa continuing to push into the mobile money sector, Vodacom Tanzania announced it has inked a new agreement with the Tanzania Revenue Authority for an M-Pesa partnership. The announcement has been well received and is likely to spur further growth in the mobile money sector in the East African country. The new deal will allow vehicle owners to pay for licenses through the mobile money scheme, allowing business to move more smoothly and with ease, the company said. TRA Director of Tax Payers Services and Education, Richard Kayombo, said that M-Pesa “will go a long way in easing the purchase of vehicle road licenses.” Approximately $1.2-million in road license payments were transacted already in the first two weeks of the service. The furthering of mobile money sche

SA mobile money flop prompts new models

Uncategorized
Local industry players are looking to other models for mobile money transfer solutions, amid the failure of these to take off in SA - in stark contrast to other African countries where the same services have thrived. Most notably, M-Pesa - launched as a partnership between SA’s first mobile operator Vodacom and then big four bank Nedbank, in August 2010, has struggled to gain traction and currently has only a few hundred-thousand users in SA. The service has been held back by legislation and the integration needed to move money from a bank account to an electronic wallet. On the contrary, Tanzania and Kenya - as well as the Middle East’s Afghanistan - have seen massive uptake of the same service, gaining more than 10 million customers, while SA is still sitting on a few hundred-thous