Vodafone M-Pesa Mobile Money Has 25 Million Active Users

Vodafone’s M-Pesa mobile money business has exceeded 25 million active users across Africa, Asia and Europe, Vodafone says.

Across markets in Africa, Asia and Europe, active customers of M-Pesa increased by 27.1 percent in the year ended 31 March 2016, boosted by market launches in Albania and Ghana and supported by a network of more than 261,000 agents in 11 M-Pesa countries.

In India, M-Pesa enables Indian customers to pay for goods on Ebay, for taxis with TabCab and to book train tickets on India’s national railways.  Enterprises including Walmart are using M-Pesa in India to improve cash management and business efficiency, Vodafone says.
Post a Comment

Popular posts from this blog

Voice Usage and Texting Trends Headed in Opposite Directions

Spectrum Fees, High Incremental Capex, Lower Value in Ecosystem Mean Historic Changes Might be Necessary

For Ting, Operating Costs are Key to Business Model