Browsing: M-Pesa

Faster and more secure identity verification promises to speed up business processes but clear standards are needed.

Vodacom’s financial services business is becoming a much bigger contributor to group revenue.

Financial services has become a key strategic revenue driver for both Vodacom Group and MTN Group in Africa.

Optasia, backed by former banker Michael Jordaan, plans a JSE listing to fund expansion across emerging markets.

The balance between growth and risk management will dictate the sector’s trajectory in the coming years.

Vodacom Group now processes more than $400-billion in transaction value annually through its mobile wallet offerings.

Vodacom Group, including Safaricom, has topped 200 million customers for the first time – doubling from 100 million in 2018.

The deal will bring AI, digital, enterprise and cloud services to 300 million businesses and consumers in Africa and Europe.

Vodacom plans to phase out its “My Vodacom” smartphone app in favour of its VodaPay “super app” in the coming months.

Safaricom’s M-Pesa mobile money service went live in Ethiopia on Wednesday.