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Vodacom’s M-Pesa knocked off Nedbank ATMs

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M-Pesa customers have been informed by Vodacom via SMS that they will not be able to transact over Nedbank ATMs from 15 January 2014 “until further notice”. A full update is expected in the new year from Vodacom


The mobile operator asked clients to use Nedbank branches and M-Pesa outlets to move money to or from their accounts. This announcement comes after Vodacom revealed in November 2013 that it plans to relaunch M-Pesa during the first quarter of 2014.

Vodacom CEO Shameel Joosub said at the time that M-Pesa has “a couple of hundred thousands customers” in South Africa. According to Nedbank, M-Pesa has 1.2-million registered users.

Source: MyBroadband




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