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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 |
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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