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VOD Vodafone Group Plc

67.78
0.12 (0.18%)
Last Updated: 13:16:51
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vodafone Group Plc LSE:VOD London Ordinary Share GB00BH4HKS39 ORD USD0.20 20/21
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.12 0.18% 67.78 67.76 67.80 69.32 67.46 69.32 6,017,964 13:16:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Radiotelephone Communication 45.71B 11.84B 0.4372 1.55 18.4B

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

21/04/2015 8:01am

Dow Jones News


Vodafone (LSE:VOD)
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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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