Monday
November 5
2018

Visa strengthens East Africa presence through partnership with Tanzanian telecom firm

The service will be rolled out in early 2019 thereby enabling HaloPesa’s one million registered wallet holders to use Visa on mobile to securely make merchant payments and conduct cash deposits and withdrawals at Visa agents. Any HaloPesa customer, including those who do not have a bank account, will be able to benefit from the solution. The aim is to connect more Tanzanians to the global payment system, bringing secure and convenient mobile commerce for consumers and merchants.

Photo courtesy of Simon Berry.

Source: Finextra (link opens in a new window)

Categories
Finance
Tags
digital payments, emerging markets, fintech, mobile banking, mobile finance, mobile money, telecommunications