Vodafone Albania to shut down M-Pesa service

4 Jul 2017

UK-backed cellco Vodafone Albania has informed its customers that it will close down its ‘M-Pesa’ mobile banking service from 14 July this year, just over two years after its introduction, RTK Live reports. In a public notice to its customers, the cellco urged users to withdraw any funds saved on their accounts – at no charge – by no later than 29 July 2017. The company provided no explanation for the decision. As noted by TeleGeography’s GlobalComms Database, in April 2015 Vodafone Albania was granted permission by the Bank of Albania to provide mobile financial services, and the following month it launched M-Pesa.

Albania, Vodafone Albania