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.
Vodacom M-Pesa customers can now...
3G Direct Pay has launched a new platform that enables cross border payments across different mobile networks. Reports Capital Business
The new service is available to mobile phone subscribers in over five African countries, who can now pay and be paid across different mobile carriers. The platform will support numerous Mobile Money Wallets including – M-Pesa, Airtel Money, Tigo Pesa, Vodacom, and MTN.
Merchants, working with 3G Direct Pay, will be able to conveniently accept payments in real time and will be able to use all cards, bank transfer and paypal from the same single connection.
“We have seen an increased desire for people to be able to safely pay to merchants via mobile money accounts across networks and borders,” said Eran Feinstein, Managing Director, 3G Direct Pay Limite
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 schemes in E
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-thousand,
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