0
Wireless

Vodacom's M-Pesa reaches ZAR 41 bln monthly transactions

Wednesday 13 November 2019 | 10:02 CET | News
Vodacom Group says M-Pesa transactions exceeded ZAR 41 billion a month in the six months ended 30 September, ITWeb reported. The mobile operator says the high number of transactions underpins M-Pesa's promise to deliver financial inclusivity and contribute to economic growth in countries where it has become ubiquitous. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Safaricom / Vodacom
Countries: South Africa
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodacom partners Alliance for Financial Inclusion

Published 21 Oct 2020 16:20 CET | Africa
Vodacom Group is partnering with the Alliance for Financial Inclusion under the global network's public-private dialogue (PPD) ...

Vodacom partners AliPay to create new payments app

Published 21 Jul 2020 08:58 CET | South Africa
South African operator Vodacom announced a technology partnership with Alipay to bring inclusive mobile payment services to ...

Vodacom and Safaricom mull M-Pesa expansion beyond mobile money but no plans for digital bank

Published 09 Mar 2020 09:47 CET | South Africa
Vodacom Group and Safaricom's M-Pesa platform has ambitions to do more than just provide mobile money services, reports ...

Vodacom Group revenue growth improves to 6.6% in Q3

Published 04 Feb 2020 09:28 CET | Africa
Vodacom Group improved its revenue growth to 6.6 percent in the company's fiscal third quarter ended 31 December, to ZAR 23.6 ...

FNB expects ZAR 3 bln to be sent via eWallet at festive season, up 26%

Published 20 Dec 2019 11:27 CET | South Africa
South Africa's FNB says its anticipating a 26 percent increase in eWallet transfers during the festive season from the ZAR 2.4 ...

Vodafone planning M-Pesa platform expansion across Africa

Published 18 Dec 2019 18:00 CET | Africa
Vodafone plans to turn its M-Pesa  mobile payments service into a wider financial services platform operating across the whole ...

Safaricom's M-Pesa sponsors women's golf competition

Published 19 Nov 2019 14:18 CET | Kenya
Safaricom's has announced a KES 23 million sponsorship towards the inaugural Ladies European Tour, from 05-08 December 2019 at ...

Vodacom eyes ZAR 2 bln from South Africa's financial services

Published 13 Nov 2019 10:10 CET | South Africa
Vodacom plans to expand its financial services business in South Africa to ZAR 2 billion in the next twelve months, ITWeb ...

Vodacom Group H1 revenue rises 3.9%

Published 11 Nov 2019 09:37 CET | Africa
Vodacom Group revenue increased by 3.9 percent to ZAR 44.39 billion in the first six months to 30 September from ZAR 42.71 ...

Safaricom considers lowering M-Shwari, Fuliza charges

Published 05 Nov 2019 09:29 CET | Kenya
Kenyan operator Safaricom is considering lowering customer charges for its M-Pesa overdraft facility, Fuliza, and M-Shwari loans, ...

Safaricom says Fuliza borrowing reaches KES 140 billion in 9 months

Published 04 Nov 2019 09:25 CET | Kenya
Kenyan operator Safaricom says subscribers have borrowed KES 140 billion through its overdraft service, Fuliza, in the past nine ...

Safaricom revenues up 5.8% to KES 130 bln in H1

Published 01 Nov 2019 10:14 CET | Kenya
Kenyan operator Safaricom's consolidated revenue increased by 5.8 percent to KES 129.9 billion in the first six months to 30 ...

Vodacom Tanzania extends payment system Lipa Kwa M-Pesa to other networks

Published 02 Oct 2019 09:39 CET | Tanzania, United Republic of
Vodacom Tanzania has extended its payment system Lipa Kwa M-Pesa to enable subscribers of other networks to remit their payments ...

MTN South Africa ties up with Ericsson as it plans to relaunch mobile money

Published 14 Aug 2019 09:43 CET | South Africa
MTN South Africa is making "good progress" in its plans to relaunch mobile money services, TechCentral reported citing group CEO ...





Calendar   /   Industry Events

25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Twitter Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct MWC Los Angeles
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct FCC meeting
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Megacable Q3
27 Oct Twilio Q3
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items