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MoneyGram, Vodacom partner on mobile money service in Tanzania

MoneyGram and Vodacom have announced a partnership that enables Vodacom subscribers in Tanzania to receive fund transfers directly into their M-Pesa accounts through MoneyGram's money transfer services.



M-Pesa subscribers in Tanzania can receive funds from MoneyGram into their mobile accounts from customers in more than 120 countries at any time, subject to system availability, according to a press release.
"MoneyGram continues to grow throughout Africa as a result of forming strategic relationships with mobile network operators, banks, post offices and retailers, to bring added convenience to our customers," Jacques Voogt, chief officer of mobile commerce at Vodacom Tanzania, said in a statement. "Presently, MoneyGram operates in more than 200 countries with a network of more than 350,000 locations globally of which 25,000 are in Africa."
Source:mobilepaymentstoday

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