Vodacom Group has partnered with digital platform Alipay to create a ‘superapp’ for South Africa which will be operational as from next year.
“We already offer South African customers an ecosystem of innovative digital financial services products, but this technology partnership with Alipay will enable us to be on par with leading global digital counterparts quicker and more efficiently,” said Vodacom CEO Shameel Joosub.
“We see this as an excellent opportunity for us to reinvent the mobile fintech ecosystem for both consumers and merchants in South Africa and we look forward to achieving this by working with Alipay,” said Mr Joosub.
Alipay, which serves over 1.2 billion users worldwide and is owned by Ant Group, said it is excited to be partnering with Vodacom.
“Alipay seeks to work with like-minded partners around the world, to bring innovative and inclusive digital daily life services to consumers and small businesses globally,” said Ant Group Head of Global Payment Partnerships Guoming Cheng.