Retail giant launches mobile money in South Africa
By Chris Donkin
Retail group Shoprite launched mobile money services in South Africa, a country where operators Vodacom and MTN both abandoned similar services in 2016.
Shoprite is one of the largest retail chains in South Africa and on the African continent. It owns a number of supermarket brands and other consumer-facing businesses across 15 markets including Nigeria, Ghana, Uganda and Zambia.
Company information shows it serves 35 million customers a day and operates almost 3,000 outlets, including franchises.
Photo courtesy of John Hogg.
- Inclusive Fintech