Ericsson and Vodafone M-Pesa simplify safe water payments
October 06 2016 - 3:00AM
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Ericsson M-Commerce Interconnect solution
provides interconnection between Vodafone M-Pesa mobile wallets and
Grundfos safe water kiosks in Kenya and Tanzania
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Integrated payment service makes it easy for
people to pay for safe water with their M-Pesa mobile wallets,
including in rural areas
Ericsson (NASDAQ: ERIC) today announced that its
M-Commerce Interconnect (EMI) service will simplify mobile money
payments and cash collection between mobile wallet provider
Vodafone M-Pesa and businesses.
The first deployment under the deal will connect
M-Pesa with the growing network of Grundfos safe water kiosks
throughout Kenya and Tanzania, with other countries to follow. This
integrated payment service simplifies payment for safe water.
M-Pesa is the global brand for Vodafone's Mobile Money service, now
present in 10 countries.
Michael Joseph, Director of Mobile Money,
Vodafone, says: "Vodafone is delighted to enable access to
affordable, safe water for our M-Pesa customers as a result of the
partnership with Ericsson M-Commerce Interconnect for Grundfos
systems."
Grundfos' intelligent and connected water kiosks
dispense safe drinking water in the developing world. Across rural
Africa, 50,000 water supply points have failed, mainly due to lack
of funds and capacity for operations and maintenance. Ericsson and
Vodafone address this critical challenge via efficient cash
collection, reducing the risks of cash management and overhead
costs for a scalable safe water solution.
Peter Heuman, Head of Mobile Financial Services,
Ericsson, says: "Breaking down the walls that exist in the mobile
money ecosystem represents a significant leap forward in creating
much-needed connections between wallet providers and enterprises.
When digital payments become pervasive in cash-based societies, new
opportunities that were previously unimaginable become
reality."
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Ericsson and Vodafone M-Pesa
simplify safe water payments
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Source: Ericsson via Globenewswire
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