Vodacom today announced that its super-app VodaPay has reached 6.7 million downloads in the quarter ended 30 June 2023.
“Our super-app, VodaPay, reached 6.7 million downloads and launched free deposits and added ‘send money’ and cash-out services in the quarter,” Vodacom informed investors on Friday.
The super-app VodaPay still has 3.3 million registered users.
VodaPay provides a digital shopping, lifestyle and financial platform for consumers and businesses.
During the quarter, Vodacom launched free deposits and added ‘send money’ and cash-out services, allowing
customers to deposit and withdraw funds from their VodaPay digital wallets.
Deposits and withdrawals can be made at Vodacom stores, various retailers and ATMs countrywide, giving customers a safe and convenient way in which to transfer funds to family and friends.
For more read: VodaPay Takes A First Step To Be Like A Bank
South African supper app VodaPay, which is operated by Vodacom, has launched a feature that makes the platform to look like a bank.
Two new Deposit and Send Money services have been added to the VodaPay super app, according to Vodacom Financial and Digital Lifestyle Services.
“VodaPay’s new Deposit and Send Money services support our intention to accelerate digital and financial inclusion. Both banked and unbanked users can deposit and/or send money from their VodaPay Wallet, securely, cost-effectively and instantly. By building broader, more convenient offerings onto VodaPay, such as deposit and cash-out networks, we aim to enable more people to use and benefit from digital financial services,” says Mariam Cassim, Chief Executive Officer of Vodacom Financial and Digital Lifestyle Services.
VodaPay’s Deposit Money function makes it possible for users to add cash for free into their VodaPay Wallet through Vodacom stores and selected national retailers such as Pick n Pay and Pick n Pay Express, Boxer, PEP, Ackermans, Makro, Rhino Cash ‘n Carry, Game, Builders Warehouse and Cambridge Food. Customers can even deposit money to their VodaPay Wallet at their nearest Spaza shop through Kazang merchants. With cash loaded in their VodaPay Wallets, customers can buy products or make payments online with VodaPay as well as earn rewards or take advantage of great daily deals.
