Just three weeks since the M-Pawa service was launched in Dar es Salaam, Over 250,000 Tanzanians have been attracted to use the platform, a brainchild of Vodacom’s M-Pesa and Commercial Bank of Africa.
According to a statement by Vodacom, some 50,000 customers are making a total of Tshs 1.2 billion savings via the platform.
“This is a very encouraging trend which we believe will go from strength to strength,” Vodacom Tanzania Managing Director Rene Meza said in the statement.
He said the service had enabled some people, who previously were excluded from the banking services to save their money.
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