Vodacom Tanzania Launches M-Pesa Global Payment for International Transactions

Launch of M-Pesa Global Payment: Vodacom Tanzania has introduced M-Pesa Global Payment, enabling cross-border transactions to global merchants through partnerships with Visa, Alipay, and others, enhancing digital trade and financial inclusion in Africa.

Enhanced Payment Options: Customers can now make payments at Visa-enabled merchants worldwide, transact with Alipay in China, and pay merchants in Uganda, all through the M-Pesa platform, simplifying international transactions for users.

Impact on SMEs and Trade: The new payment corridors facilitate easier cross-border trading for small and medium-sized enterprises (SMEs), allowing them to source goods internationally and redefine regional trade dynamics.

Focus on Global Expansion: Vodacom aims to transform M-Pesa into a global payment platform, improving access to international markets for Tanzanian businesses and promoting financial inclusion beyond local borders.