Vodacom Financial and Digital Services, on Tuesday 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. The customer experience is completely focused on ease of use, personalisation and security to deliver a seamless customer experience. It also introduces the opportunity to earn multiple rewards from a variety of sources when transacting on the app.
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.
The VodaPay wallet allows users to send and receive cash with zero transaction fees. VodaPay removes the reams of paperwork that is typically related to opening a bank account and makes it a lot less cumbersome and convenient for those who need to send money, shop and spend.
It gives consumers full control of their lifestyle directly from their smart phones. It is like carrying a digital wallet around in a digital mall, allowing customers to send money, shop at their favourite retailers, order food, and even pay bills and fines all from one simple super app. All transactions happen in an instant with VodaPay.
Shameel Joosub, CEO of Vodacom Group
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.
Mariam Cassim, CEO of Vodacom Financial and Digital Services
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.
