Tanzania’s leading digitech and communications company, Vodacom Tanzania has opened its M-Pesa API to entice local and international developers into creating innovative new use cases for the leading mobile payments service.
While addressing developers and Fintech ecosystem stakeholders Hisham Hendi, Vodacom Tanzania CEO said the opening of the M-Pesa API is another step to fuel innovation in Tanzania around Fintech and digital business.
The move to open up M-PESA APIs complements other recent ingenuities by the company like Lipa kwa Simu an interoperable service, IMT and M-Pesa App all aimed at creating a cashless society and driving a digital economy.
On his part, Epimack Mbeteni, director, Vodacom M-Pesa said the new open M-PESA API enhances digital user experience making it more convenient, faster and efficient to integrate payments systems onto the M-PESA financial services platform. He called on developers to take make use of them and devise new applications for business-to-consumer, consumer-to-business and business-to-business that can be plugged into the open tech backbone.
Customers and end users will benefit from the innovation of developers in getting more customized payment services. It also opens up possibilities for further innovation of unique service options associated with M-Pesa.
Opening the M-Pesa API is another step towards achieving Vodacom’s drive to promote a digital society by fueling innovation in financial technology (fintech) and payment ecosystems in Tanzania.