June 25

Press Release: Vodacom M-Pesa Tanzania Goes Global

By Telecom

Tanzania’s leading mobile money service provider – Vodacom M-Pesa – on the 16th of June, 2020 announced the expansion of its International Money Transfer (IMT) service portfolio.  Vodacom Tanzania customers will now have the option and ability to easily transfer and receive funds from individuals across more than 200 countries worldwide.

Vodacom Tanzania CEO, Hisham Hendi has noted that this expansion of the M-Pesa services in Tanzania comes at a crucial time where the economic effects of the COVID-19 pandemic have been felt worldwide. “Vodacom M-Pesa Tanzania going global is our way of adding efficiencies to our customers’ remittance ecosystems. Our customers can now send and/or receive money from 200 countries through their M-Pesa account from the comfort of their homes.”

Photo courtesy of mikesween.

Source: Ecofin Agency (link opens in a new window)

Coronavirus, Finance
behavioral economics