Monday
July 20
2020

Vodacom Partners with China’s Alipay to Create ‘Super App’ in South Africa

Vodacom Group plans to create a ‘super app’ in partnership with digital payment provider Alipay, part of China’s Alibaba group, to allow consumers in South Africa to shop online, pay bills and send money to family from next year.

The app will also help small to medium enterprises (SME) access financial services such as lending and insurance, the two companies said in a joint statement on Monday.

Vodacom and other mobile operators in South Africa are seeking to expand their mobile payment apps into online market places to leverage their network and customer base.

Photo courtesy of John Hogg / World Bank.

Source: Reuters (link opens in a new window)

Categories
Finance, Technology
Tags
digital payments, e-commerce, emerging markets, financial innovation, financial services, mobile applications, mobile money, mobile phones, SMEs, technology, telecommunications