To enable business members of Walmart India’s six Best Price modern wholesale stores located in Lucknow, Amravati, Aurangabad, Hyderabad, Rajahmundry, Vijayawada and Guntur, the retailer has entered into an alliance with M-Pesa, the mobile money transfer service from Vodafone India.
Suresh Sethi, Business Head, M-Pesa, Vodafone India says, “Vodafone has always been at the forefront in launching innovative products and services relevant to the needs of our customers. Vodafone M-Pesa is an innovative, safe and secure mobile wallet that enables complete suite of services like money transfer, bill payments, and recharge on the move from the mobile.”
He added, “We are confident that this association will go a long way in 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.”
The partnership will give Walmart India members, including small businesses such as kiranas or resellers, the benefit of sending money through their mobile phones instantly and securely and will also help run their customer facing businesses more efficiently and hassle-free.
Rajneesh Kumar, Vice-President and Head, Corporate Affairs, Walmart India, said, “We are very excited about this partnership with Vodafone M-Pesa. We are confident that our members, especially kiranas/resellers, will benefit due to the convenience of payment along with efficient delivery of quality products at their doorstep. We value our members and strive to give them an excellent shopping experience.”
With a pan-India distribution of over 90,000 agents and more than three million customers, Vodafone M-Pesa is the largest banking correspondent in the country and is playing a vital role in enabling financial inclusion and m-commerce.