Thiruvananthapuram: Vodafone India’s M-Pesa was adjudged the Best Mobile Payment Solution in the Global Mobile Money Awards at the GSMA Mobile World Conference in Barcelona, the world’s largest conference for the mobile industry attended by more than 100,000 attendees from 200 countries.
Vodafone M-Pesa was adjudged the winner from the 930 entries received across 200 countries. The citation from the jury said, “Vodafone M-Pesa delivers clear value to consumers, enterprise and the economy, an excellent example of connected network power and the role that digital innovation can play in financial inclusion and enablement.”
M-Pesa is currently live in Kenya, Tanzania, Mozambique, India, South Africa, Lesotho, Democratic Republic of Congo, Egypt, Romania, Albania and Ghana. These services are offered under a Prepaid Mobile Wallet license issued by RBI in November, 2012 to Vodafone M-Pesa Limited under the Payment and Settlement Systems Act (PSS Act), 2007.
M-Pesa boasts a pan-India distribution of over 100,000 agents and more than 5 million customers.