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MTNOY MTN Group Ltd (PK)

4.77
-0.18 (-3.64%)
08 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
MTN Group Ltd (PK) USOTC:MTNOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.18 -3.64% 4.77 4.64 4.85 4.77 4.7112 4.75 131,246 21:01:14

Vodafone: M-Pesa, MTN Mobile Money Agree Mobile Transfer Pact

21/04/2015 8:01am

Dow Jones News


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By Ian Walker

LONDON--Vodafone Group PLC (VOD.LN) said Tuesday it signed an agreement with South Africa's MTN Group Ltd. (MTN.JO) that will allow customers of MTN and M-Pesa, or Vodafone Money Transfer, to transfer money to each other.

The collaboration will allow convenient and affordable international remittances between M-Pesa customers in Kenya, Tanzania, Democratic Republic of Congo and Mozambique, and MTN Mobile Money customers in Uganda, Rwanda and Zambia, Vodafone said in a statement.

M-Pesa is a money-transfer service that enables people who have access to a mobile phone, but do not have or have only limited access to a bank account, to send and receive money, top-up airtime and make bill payments, Vodafone says on its website.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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