NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, July 22, 2019

By Chris Donkin

Vodacom Group revealed plans to open its mobile money platform to customers of other operators in a number of African markets, as part of a strategy to expand the service.

Chris Williamson, M-Pesa managing executive (pictured, centre), said the company has announced intentions to launch the service outside of its own base, in Mozambique, and was also working on the initiative across several other countries.

“We think it’s time to level the playing field and so it doesn’t matter how big your GSM base is, customers should be able to access our service,” he added. “We very much see M-Pesa becoming like an OTT service.”

Photo courtesy of ICT4D.at.