Staff Reporter
Vodacom M-Pesa, Tanzania’s leading mobile money provider is expanding its International Money Transfer (IMT) portfolio to include Zimbabwe and eight new SADC countries.
M-Pesa customers in South Africa, Malawi, Zambia, Zimbabwe, Lesotho, Mozambique, Swaziland and the Democratic Republic of Congo are now able to send and receive money from Tanzania via the facility.
The announcement was made on October 27 2022 at an event to launch a campaign by the facility dubbed ‘Dunia Kijiji, Afrika ni M-Pesa’ which aims to promote M-Pesa as the currency of transactions for Africa with all the countries able to send money via Vodacom M-Pesa.
The platform connects over 200 countries worldwide, facilitating international remittances through its IMT portfolio, allowing Tanzanians to transact across borders.
Speaking at the launch, Minister of Foreign Affairs and East African Cooperation Honorable Stargomena Tax said ease of access and cost of transfers have both been improved by the availability of mobile money platforms.
“The entrant of mobile money in international remittance has not only improved ease of access but also reduced cost of transfers bringing us closer to achieving the United Nations Sustainable Development Goal number 10.
“We applaud this growth in this space and commend Vodacom M-Pesa for paving the way,” said Hon. Tax.
Speaking on the facility’s journey to IMT, M-Pesa director Epimack Mbeteni said the money transfer facility took advantage of innovation and partnerships to grow its IMT portfolio.
“We pride ourselves for being enablers for being enablers in the payment system ecosystem by facilitating cross border trade within the region through efficient and seamless transfer of funds from anywhere around the globe through M-Pesa International Money Transfer Service .
“Today we are pleased to announce the expansion of our IMT offering to more Pan African countries allowing Tanzanians to send and receive money from eight SADC countries namely South Africa, Malawi, Zambia, Zimbabwe, Lesotho, Mozambique, Swaziland and the DRC,” Mbeteni said.
M-Pesa International Money Transfer services are accessible via the *150*00# or through the M-Pesa App which makes it easier for all customers to send and receive money.
