The Bidvest Group Limited was established in 1988 and is now an international investment holding company with investments across the food service, broad services, trading and distribution industries.This institution has also curved out specialisation in foreign exchange and offers competitive exchange rates as well as interest rates and banking products.
Vodacom on the other hand is an African mobile communications company providing voice, messaging, data and converged services to over 55 million customers.
With such a credible history, Bidvest happened to be the suitable financial house to partner Vodacom M-Pesa. The motivation behind this partnership is to create a banking platform M-Pesa mobile money transfer service. With Bidvests experience in the foreign exchange and money transfer market, M-Pesa will draw benefits of functionality because for a while, the product has depended on distribution and registration as enabling growth factors.
With Bidvest bank as a partner and its skills and expertise being readily available, M-Pesa has added an entirely new functionality which meets the needs and expectations of the ever-growing clientele. For Bidvest, this partnership is an endorsement of the system reliability at Bidvest bank and the professionalism of its staff.
The revamped M-Pesa service will be launched through 8,000 agents at both informal outlets and major retail partners.