Vodacom announced today that its super app VodaPay has attracted more than 1 million registered users in three months.
“In South Africa, the launch of our VodaPay super-app in October last year has exceeded our expectations by attracting 1.4 million downloads and 1.0 million registered users in its first three months,” said Shameel Joosub, Vodacom Group CEO.
“We see VodaPay as a precursor to M-Pesa’s evolution and further strengthening our FinTech position across our footprint…and assisting us in connecting the next 100 million African customers so that no one is left behind.”
The VodaPay super app is available for download from Apple and Android app stores.
VodaPay delivers a digital shopping, lifestyle and financial platform for both consumers and businesses.
“The strong consumer adoption accelerated the merchant on-boarding pipeline, which is set to add further depth and breadth to the app’s digital mall.”
VodaPay is backed by Alipay technology that powers over 1.2 billion users and almost 100 million merchant partners, using state of the art technology including artificial intelligence (AI). This is the first partnership of its kind in Africa.
VodaPay is a powerful all-encompassing platform aimed at driving digital and financial inclusion in South Africa and the rest of the continent. It is a highly secure and transparent app that allows consumers to load money into their wallets and send it to anyone in real time or use it to make any purchase through the app, ranging from ecommerce to buying airtime, electricity, water, insurance and many other use cases.
With VodaPay, customers can also add their bank cards from any recognised South African bank and use it for shopping and paying. With money transfers, at no cost, in real time, customers living in rural areas will no longer have to travel long distance to get their money, they can access their money through their personal digital wallet already available on the app.
Also read: Vodacom Introduces VodaPay Super App And Has Onboarded Big Merchants – Makro, Edgars, Game
1 Comment
Pingback: Vodacom M-PESA Transaction Value Reaches R430 Billion A Month - TechFinancials