Vodacom M-Pesa extends reach to 200 countries
Vodacom M-Pesa has expanded its international money transfer service portfolio to cover 200 countries.
According to a statement released to the media, the mobile money service confirmed the development in Dar es Salaam, Tanzania during an event to mark an international day of family remittances.
The event focused on the future of international remittance post-COVID-19.
Epimack Mbeteni, Vodacom’s M-Commerce Director said that international remittances makes connectivity possible, irrespective of geography, and Vodacom M-Pesa aims to continue to provide a platform for Tanzanian diaspora to effectively participate in socio-economic activities which will contribute to the overall development of the country.
“We pride ourselves (on) being enablers in the payment system by facilitating cross border trade within the region for the efficient and seamless sending and receiving of funds, from anywhere around the globe through M-Pesa international money transfer service,” said Mbeteni.
Vodacom M-Pesa has broadened its portfolio of partnerships and countries over the past few months.
According to the service, global partners include MoneyGram, WorldRemit, Remitly and JubaExpress, “all of whom enable customers to receive money from over 200 countries across the World directly into their M-Pesa wallet.”
Pan-African partnerships include Safaricom, MTN, EcoCash and Mama Money, which enable customers to send or receive money from Kenya, Uganda, Zambia, Burundi and South Africa.
‘With such a huge portfolio of international money transfer partners, the world is a village with M-Pesa. We remain committed to deliver on our vision to lead Tanzania into the digital age and change lives through technology,” Mbeteni added.
Albert Cizari, Assistant Manager, Oversight and Policy at Directorate of National Payment Systems from the Bank of Tanzania said the Bank has increased limits on digital transactions and reviewed balances of mobile wallets in bid to provide relief and ensure continuity of services as part of measures taken amidst COVID-19.