Vodacom Tanzania reduces M-Pesa rates

In a drive to ease mobile money transactions and empower customers, Vodacom Tanzania took the decision to reduce mobile money transfer fees by up to 75%.

Vodacom Tanzania managing director Rene Meza (image: file)

When customers use the M-pesa service, they will now be charged only Sh50 (approx. US 3c) when making a transaction.

“This is our key focus this year and beyond. We are fully committed to ensuring that our customers are happy and empowered while using M-pesa. We will keep improving our system and the services we offer through M-pesa to ensure relevance to the daily lives of our customers,” said Rene Meza, Vodacom Tanzania MD.

“Vodacom customers are also set to benefit from other services including sending as little as Sh500 through M-pesa, which will enable more Tanzanians regardless of their economic status to send and receive money easily,” The Citizen in Tanzania added.

Charlie Fripp – Online editor