The announcement has just been made about the interoperability between Tigo Pesa and Vodacom’s M-Pesa in Tanzania.
This means that 4 million Tigo Pesa users will for the first time be able to exchange money with 6 million M-Pesa customers in Tanzania later this year.
Commenting on the announcement, Millicom’s Executive Vice President for Africa, Arthur Bastings, said “With Tigo Pesa customers will now have Africa’s first universal mobile money exchange system. They will be able to safely and securely transact with millions more people across the country. It’s another first for Tigo Pesa and Tanzania. Following the success of the service with Airtel and Zantel, we hope many more Tanzanians will choose mobile money so that everyone benefits and we can extend financial inclusion even further. We also intend to pioneer similar agreements with networks elsewhere.”
