Vodafone's M-Pesa provided
Water Health, a leader in running decentralised water purification systems, with an efficient money management system. This let the company provide affordable, clean drinking water to around 450 rural locations in three states, making it a Ready Business.
- The major challenge was to reduce the time taken between payment through the company's ATMs which dispense water, and the number of days the money takes to process.
- M-Pesa partnered with Water Health to make the process faster.
- Now the ATM operator or Cash Executive is taken on board as an M-Pesa customer.
- The executive converts the cash with the M-Pesa agent and sends it directly to the company account through mobile wallet transfer.
- Operators do not waste time in non-core activity of handling cash and depositing money in the bank.
- Involves no risk of theft or fraud.
- No cost of coin conversion.
So, let's make you a Ready Business too.
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