Vodacom Financial and Digital Services, announced that the much-anticipated VodaPay super app is now live and can be accessed in the Google and Apple app stores. Available to customers on any mobile network, VodaPay delivers a digital shopping, lifestyle and financial platform for both consumers and businesses.
It is backed by Alipay technology that powers over 1.2 billion users and almost 100 million merchant partners, using state of the art technology including artificial intelligence (AI). This is the first partnership of its kind in Africa.
VodaPay is a powerful all-encompassing platform aimed at driving digital and financial inclusion in South Africa and the rest of the continent. It is a highly secure and transparent app that allows consumers to load money into their wallets and send it to anyone in real time or use it to make any purchase through the app, ranging from ecommerce to buying airtime, electricity, water, insurance and many other use cases.
With VodaPay, customers can also add their bank cards from any recognised South African bank and use it for shopping and paying. With money transfers, at no cost, in real time, customers living in rural areas will no longer have to travel long distance to get their money, they can access their money through their personal digital wallet already available on the app.
Shameel Joosub, CEO of Vodacom Group, commented on the launch of the new service saying: “With VodaPay, we have introduced an innovative platform that is simple, accessible, cost-effective, and suitable for the banked and unbanked market, that operates outside the formal banking sector. We’ve also partnered with some of South Africa’s biggest and respected businesses to ensure that consumers using the VodaPay super-app are spoiled for choice when it comes to making buying decisions”.
On the other hand, Mariam Cassim, CEO of Vodacom Financial and Digital Services, added: “What we have delivered in VodaPay is a first of its kind super-app underpinned by world class technology that will help us to make digital and financial inclusion a reality. We took no shortcuts in the development of our super-app”.