Today's Bulletin: December 9, 2024

More results...

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Africacom
AfricaCom 2024
AI
Apps
Apps
Banking
Broadcast
CABSAT
Cabsat
Cloud
Column
Content
Corona
DTT
eCommerce
Editorial
Education
Entertainment
Events
Fintech
Fixed
Gitex
Gitex Africa
Healthcare
IBC
Industry Voices
Infrastructure
IoT
MNVO Nation Africa
Mobile
Mobile Payments
Music
MWC Barcelona
MWC Kigali
News
Opinion Piece
Q&A
Satellite
Security
Software
Startups
Streaming
Technology
TechTalks
TechTalkThursday
Telecoms
Utilities
Video Interview
Follow us

Vodacom M-Pesa Tanzania goes global: Over 200 countries can send & receive money via M-Pesa

June 24, 2020
3 min read
Author: Akim Benamara

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.

Speaking during a panel discussion on the same, Albert Cizari Assistant Manager, Oversight and Policy at Directorate of National Payment Systems from BOT said 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.

On his part, Mr. Epimack Mbeteni, Vodacom’s M-Commerce Director said that international remittances make possible people and small businesses to stay connected irrespective of geography. He further pointed out that international remittances continue to transform the lives of thousands of Tanzanians through facilitating payments in education, health, and various business segments which is why Vodacom M-Pesa has aimed to continue providing a platform for Tanzanian diaspora to effectively participate in socio-economic activities which will contribute to the overall development of the country.

“We pride ourselves for  being enablers in the payment system by facilitating cross border trade within the region for the efficient and  seamless sending and receiving of funds,  from anywhere around the globe through M-Pesa International Money Transfer Service.’ He said.

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.

 ‘With such a huge portfolio of international Money transfer partners, the world is a village with M-Pesa. We thank our customers for their patronage and we remain committed to deliver on our vision to lead Tanzania into the digital age and change lives through technology” He concluded.   

Peter De Caluwe, CEO- Thunes praised the move saying such partnerships and innovations support the true African spirit because African countries have always been connected through daily movement of people, goods and services. International Money Transfer services are critical to the African economies as they facilitates inflow of foreign currency into these countries which has a direct bearing on the social and economic welfare of Africans”.  

“Whilst the importance of mobile payments to financial inclusion in developing markets cannot be overstressed, the M-Pesa IMT service goes an extra mile by allowing previously excluded to send and receive money across borders affordably. Thus our partnership with Vodacom M-Pesa aims at increasing the reach of international money transfers’.

Follow us on LinkedIn

Newsletter signup

Sign up for our weekly newsletter and get the latest industry insights right in your inbox!

Please wait...

Thank you for sign up!