Safaricom of Kenya and Vodacom of South Africa say that they have completed the acquisition of mobile money platform M-Pesa from Vodafone. “The transaction… will accelerate M-Pesa’s growth in Africa... more
The post Vodafone finalise sale of M-Pesa to Safaricom and Vodacom appeared first on Payments Cards & Mobile.
Vodacom South Africa reportedly considering various options for its sluggish mobile money transfer service M-Pesa. In 2010, Vodacom launched M-Pesa in South Africa and the company set a target of reaching 10 million local users. Vodacom then relaunched the service in August 2014 in a bid to spur interest in the product. The M-Pesa relaunch [...]