Vodafone, Walmart agree on M-Pesa transactions

SRINAGAR: Telecom major Vodafone has entered into a strategic partnership with retailer Walmart India to enable its business members make payments using the company’s mobile wallet service M-Pesa.
“This tie-up will enable business members of Best Price Modern Wholesale stores of Walmart to make payments using M-Pesa from their mobiles,” Vodafone India said in a statement.
“The first-of-its-kind partnership with Walmart India, gives all its members, including small businesses such as kiranas/resellers, the benefit of sending money through their mobile phones instantly and securely and run their customer facing businesses more efficiently and in hassle-free manner,” it added.
As a part of this partnership, Vodafone said, M-Pesa will “enable safe, secure and convenient transactions”, making it easier for all its members in Lucknow, Amravati, Aurangabad, Hyderabad, Rajahmundry, Vijayawada and Guntur to make faster payments and help Walmart ensure timely delivery of goods.
Under this arrangement, when a Best Price store member based in any of these cities places an order with Walmart India, a Vodafone M-Pesa authorised agent will reach out to him and enable cash-in into his M-Pesa account, it said.
Speaking about the association, Suresh Sethi, Business Head, M-Pesa, Vodafone India said, “Vodafone M-Pesa is an innovative, safe and secure mobile wallet that enables complete suite of services like money transfer, bill payments, and recharge on the move from the mobile. Starting with pilots in Amravati and Lucknow, we have now extended it to members in Aurangabad, Hyderabad, Rajahmundry, Guntur and Vijayawada and we hope to extend it pan-India soon.”