Vodafone India announced its M-Pesa deal with Walmart India.
The partnership will enable business members of six Best Price Modern Wholesale stores, owned and operated by Walmart India, to make payments using M-Pesa from their mobile phones.
Walmart India’s members, including small businesses such as resellers, will benefit by sending money through their mobile phones instantly.
Vodafone M-Pesa will enable mobile money transactions for all its members in Lucknow, Amravati, Aurangabad, Hyderabad, Rajahmundry, Vijayawada and Guntur to make payments and help Walmart ensure timely delivery of goods.
When a Best Price store member based in any of these cities places an order with Walmart India, a Vodafone M-Pesa agent will enable cash-in into M-Pesa account — allowing the member to make payments from phone for the goods ordered from Walmart’s Best Price Cash & Carry store. After receiving a confirmation message, Walmart India will dispatch goods to the member.
“This association will be simplifying the payments process for Walmart India from the members, especially resellers based in secondary markets. Starting with pilots in Amravati and Lucknow, we have now extended it to members in Aurangabad, Hyderabad, Rajahmundry, Guntur and Vijayawada and we hope to extend it pan-India soon,” said Suresh Sethi, business head – M-Pesa, Vodafone India.
Vodafone M-Pesa has a pan-India distribution with over 90,000 agents and more than 3 million customers.