Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

[EasyDNNnews:IfNotExists:Image]
News

25 million customers now use Vodafone M-Pesa

[EasyDNNnews:EndIf:Image]
Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

The Vodafone M-Pesa mobile money transfer service is being used by more than 25 million customers, the company has revealed.

For the 12 months until 31st March 2016, the number of active M-Pesa customers across Africa, Asia and Europe increased by 27.1% to 25.3 million. There are now more than 261,000 agents supporting M-Pesa in 11 countries.

Image

Michael Joseph, Vodafone Group Director of Mobile Money, said “Since 2007, M-Pesa has enhanced the lives and livelihoods of people without bank accounts, giving them access to essential financial services through their mobile phones. I am delighted and proud that M-Pesa has reached the 25 million active customers milestone. M-Pesa continues to expand, evolving beyond traditional money transfers to encompass savings and loans, payment of salaries and benefits, settlement of utility bills and school fees and to enable vital health and agricultural solutions.”

Recent innovations include Lesotho’s Ministry of Social Development paying welfare grants using M-Pesa and Kenya’s Ministry of Agriculture paying fertilizer subsidies using M-Pesa.

M-Pesa was launched nine years ago by Vodafone’s Kenyan affiliate Safaricom.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusiveUK 4G this year and more 4G next year

Ofcom, the UK government and the major networks have all agreed a timetable for 4G to be launched across the UK.

We're talking about those plans in this week's podcast - and taking a look at all the other top mobile industry stories as well, from US mergers and leaky tablets to free WiFi and forthcoming quarterly results.

ExclusiveApple apologises, RIM shows off and Vodafone gets friendlier with O2

In this week's podcast we're talking about Apple's apology for its Maps app, we're looking at RIM's BlackBerry 10 news and we're discussing the new UK company formed by Vodafone and O2.

As well as this there's tablet news from Barnes and Noble, there are record-breaking SIM-only contract sales and there's a new mobile-friendly OS on the loose.

RSS
First2728293032343536Last

Follow thefonecast.com

Archive Calendar

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive