Visa partners with Maxcom on mobile payments

Dar es Salaam. Visa, the global payments technology company, has announced a strategic partnership with Maxcom Africa PLC - Maxmalipo - that will enable more than 30,000 retailers in Tanzania to accept Visa on mobile payments, as well as 20,000 local agents to conduct cash deposits and withdrawals.

This effort aims to connect more Tanzanian consumers to the global payment system.

“Visa is committed to bringing more convenient, reliable and secure ways of paying everywhere around the world. Now, in addition to plastic cards, consumers can use their mobile phones to pay with Visa,” said Visa general manager for East Africa, Sunny Walia.

The GM said Visa on mobile will enable consumers to pay merchants or send money to friends and families, directly from their bank accounts via their mobile banking services while enabling interoperable deposit and withdrawal services from appointed bank agents.

“Our partnership with Maxcom Africa will ensure that Tanzanians can pay using Visa on their mobiles at over 30,000 new retailers. This partnership reinforces Visa’s commitment to expand mobile payments acceptance worldwide. We are rolling out this strategic partnership as we lay the foundation in the Tanzanian market for an upcoming launch of Visa on mobile,” the general manager said.

Maxcom Africa said it aims to provide a simple, secure and reliable way for individuals and businesses to make and accept payments in Tanzania.

The firm currently works with local merchants and banks to help businesses to accept online and mobile payments through built-in secure, encrypted protocols.

“Our core aim is to help businesses to provide their customers with a variety of payment options to transact seamlessly and securely on their mobile devices,” said Maxcom Africa director general Jameson Kasati.