Plans to relaunch M-PESA

Mobile Money Africa (via IT Web) reports that Vodacom CEO, Shameel Joosub says the operator has reworked the IT platform so that it is better integrated into banks' retail infrastructures.

M-PESA enables unbanked customers to buy airtime (a prevalent use in SA), pay bills and withdraw, transfer and deposit money using a cellphone. It is said to contribute 18.8% to service revenue in Tanzania.

For more:

• Mobile Money Africa: Vodacom to relaunch M-Pesa...