Speaking in Dar es Salaam this week after the signing ceremony, Halotel Tanzania Limited’s Deputy Managing Director, Nguyen Tien Dung and Visa Country Manager in Tanzania, Olive Njoroge, said the partnership dubbed, HaloPesa Visa on Mobile, will allow subscribers use both platforms to transact globally.
Dug said Halotel is pleased to partners with the US based card payment system giant in enabling its local subscribers access to global services through their mobile handsets.
“Visa on mobile enables consumers to access their funds directly from their bank accounts via their mobile banking applications to pay merchants, send money to individuals at no transaction fee as well as deposit or withdraw cash at any Visa agent, “ Dung noted.
He said the main goal is to connect more Tanzanians to Visa’s global payment system, bringing secure and convenient mobile commerce for consumers and merchants in the local market.
“Also through the partnership, HaloPesa will offer consumers the option to pay a merchant with interoperable Visa QR Codes that are being rolled out as part of Visa on Mobile expansion in the market,” he added.
Halotel becomes the first mobile phone services company is the country to join Visa International’s global payment system. HaloPesa which is one of the fastest growing mobile money platform in the market, saw its subscribers rise by a 71.76 percent in 2018, to 1.3 million from 780,000 in 2017.
Visa Country Manager Njoroge said her company made an initial announcement of their intent to partner with Halotel in October last year. “Today, we are happy to announce that at least one million registered wallet holders can now use Visa on Mobile on Halotel’s mobile wallet, HaloPesa to securely make merchant payments and conduct cash deposits and withdrawals at Visa agents.” she said.
Njoroge further noted that the partnership with Halotel will ensure many Tanzanians be able to transact globally using Visa on Mobile from over 40,000 new retailers that will expand financial inclusion in the country.
“Digital and traditional modes of payments are converging to provide various customers with an array of financial solutions to fit their needs, from mobile banking platforms, instant mobile money loans and mobile wallets that allow them access their cash from anywhere and at any time using various digital devices,” the Visa Tanzania Country Manager added.
In addition, through the partnership, 40,000 new mobile money agents have also been enabled to offer the service. Through HaloPesa, consumers have the option to pay a merchant with interoperable Visa QR Codes that have been rolled out as part of Visa on mobile expansion in the market.
Enrolled merchants have been issued with a unique QR Code with a till number that customers can scan using a smartphones or enter key using a feature phone respectively to make payments.
A Visa on Mobile logo.