Mickey Mashale, the chief sales officer for Vodacom Business, said on Friday that the company had started discussions with relevant departments on how to get involved in distributing social grants to millions of recipients through M-Pesa.
“I am not pre-empting to say the government will agree. What we are saying is that we have the technology and it is helping governments elsewhere. The very same M-Pesa is being used to deliver grants to displaced people in war camps,” she said.
Mashale said Vodacom, a Vodafone subsidiary, was the biggest bank in Africa by virtue of its 40percent stake in M-Pesa, the mobile money transfer platform that began in Kenya and had been extended to Tanzania, the Democratic Republic of Congo, among other countries.
The South African Post Office distributes social grants to 10million recipients after the controversial contract between the South African Social Security Agency and Cash Paymaster Services ended earlier this year.