Thursday
December 19
2019

Vodacom Tanzania and WorldRemit Launch Mobile Money Transfers to M-Pesa Accounts

Digital money transfer company WorldRemit has partnered with mobile telecommunications firm Vodacom Tanzania to enable nine million users of the M-Pesa mobile money service to receive money directly to their e-wallets from friends and family living abroad.

Using the WorldRemit app, Tanzanians living abroad in over 50 countries can send money home and the new service increases convenience for recipients in Tanzania who can receive international money transfers directly to their phones, without the need for a bank account or internet connection.

“This new partnership with WorldRemit enables us to tap into their global payments network and help customers receive remittances into Tanzania from more countries around the world,” Vodacom Tanzania M-Pesa director Epimack Mbeteni said.

Photo courtesy of Neil Palmer.

Source: IOL News (link opens in a new window)

Categories
Finance
Tags
digital finance, emerging markets, financial services, fintech, mobile applications, mobile money, remittances, Safaricom, telecommunications