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Vodacom M-Pesa goes global

Wednesday 17 June 2020 12:35 CET | News

Vodacom M-Pesa, a Tanzania-based mobile money service provider, has announced the expansion of its International Money Transfer service portfolio.

Vodacom customers will now have the option to transfer and receive funds from individuals across more than 200 countries worldwide. This was said at an international day of family remittances event held in Dar es Salaam where stakeholders met to deliberate on the future of International Remittance post COVID 19, according to the official press release.

So far, the Bank of Tanzania has increased limits on digital transactions and reviewed balances of mobile wallets in bid to provide relief and ensure continuity of services as part of measures taken amidst COVID-19.

Vodacom M-Pesa has broadened its portfolio of partnerships and countries over the past few months to widen its Money transfer service worldwide. At the global stage, partners include MoneyGram, WorldRemit, Remitly and JubaExpress, all of whom enable customers to receive money from over 200 countries across the World directly into their M-Pesa wallet.

Pan African partnerships include Safaricom, MTN, EcoCash and Mama Money, which enable customers to send or receive money from Kenya, Uganda, Zambia, Burundi, and South Africa.

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Keywords: Vodacom M-Pesa, Tanzania, mobile payments, mobile money, Africa, remittances, Bank of Tanzania
Categories: Payments & Commerce
Companies:
Countries: Tanzania, United Republic of
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Payments & Commerce