Vodafone sees huge increase in demand for cashless payments as M-PAiSA now processes over $100 million in transactions every month

With the increasing demand for contactless and cashless payments, Vodafone Fiji says inward remittances from around the world directly into M-PAiSA now accounts for approximately 26 percent of all personal remittances into the country, and in July it recorded its highest single month inward remittances of $15.35 million.

Vodafone says the M-PAiSA digital payment platform now processes over $100 million in transactions every month.

Head of Vodafone eCommerce and Corporate Affairs, Shailendra Prasad says through the MPAiSA mobile wallet, individuals are able to send money to anyone in Fiji at zero fee.

Prasad says they can also receive money from families abroad securely and within seconds, purchase top-up and data for their mobile phone, top-up their eTransport cards and make cashless payment over the counter or remotely to over 900 businesses outlets Fiji wide.

He says in just one year, the number of businesses adopting M-PAiSA has grown from 40 to 330 businesses.

Prasad says this is a 725 percent increase and highly impressive growth by any measure.

He says M-PAiSA QR pay has also recorded a phenomenal 2000 percent growth in the last 12 months compared to a year ago.

Vodafone says among the customers that have already adopted the M-PAiSA contactless payment is Fiji Eats, an online food ordering and delivery platform, operating out of Nadi.

Shaneel Chandra, Fiji Eats Director, says their partnership with Vodafone M-Paisa has greatly supported them in becoming Fiji’s premier online Food Ordering and Delivery Service.

Prasad says M-PAiSA is driving the cashless revolution in the country because it offers greater convenience, safer payment option and much less health risk during this pandemic for the users as well as businesses.