Oilcom, a Tanzania-based firm running over 75,000 service stations across the country has partnered with Vodacom Tanzania in a move that make payments at all its station cashless.
The deal will also see the service stations and the motorists save time and increase their own safety without worrying about bulk cash.
“This is a great day for all of us. In a society where carrying cash in the pocket is becoming increasingly unsafe, M-Pesa has stepped to as an alternative medium,” said Salum Mwalim, Vodacom Tanzania Manager External relations,adding that, “This is the first type of partnership we have signed up today and we look forward to have even more. Vodacom sincerely thanks Oilcom for this new development and we assure customers that M-Pesa will serve them in a safe and reliable manner.”
With its over 55,000 M-Pesa agents spread across the country, the new deal gives Vodacom leverage to get more customers against its competition. The firms are also working on more ways to work together.
According to Oilcom Managing Director, Mohamed Said Nahdi, the motorists and vehicles owners wil benefit if they make well use of the deal, “It is easier to have cash on your phone than carry cash because of safety reasons. So I call upon everyone to make well use of this new development.”
“Motorists are therefore assured of coming across one of our stations and fuel their vehicles regardless of where they are. M-Pesa will also facilitate this process, thanks to its wide network,” said Nahdi.