Sunday, September 24, 2017    facebook-100px

Safaricom partnered with Vodacom to enable seamless transactions between 20 million M-PESA customers of Kenya and 7 million M-PESA customers of Tanzania.

Through this initiative, M-PESA customers will be able to send and receive money between the countries. This partnership is aimed to deepen financial inclusion in both countries and give a further boost to the regional integration agenda. 

"This is a new chapter in the continuing growth story of M-PESA. Enabling transactions between Kenya and Tanzania will make more convenient for individuals to transact across borders and unleash the transformative power of a first of its kind cross-border payment system," said Safaricom’s CEO Bob Collymore. "The partnership will begin the journey for our over seven million Vodacom subscribers to send money to M-PESA subscribers and vice versa using the service and boost the volume of transactions and trade between the two countries," said Rene Meza, CEO, Vodacom Tanzania.

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