Ericsson and Vodafone M-Pesa simplify safe water payments

Ericsson and Vodafone M-Pesa simplify safe water payments

ID: 499098

(Thomson Reuters ONE) -


* Ericsson M-Commerce Interconnect solution provides interconnection between
Vodafone M-Pesa mobile wallets and Grundfos safe water kiosks in Kenya and
Tanzania
* Integrated payment service makes it easy for people to pay for safe water
with their M-Pesa mobile wallets, including in rural areas
Ericsson (NASDAQ: ERIC) today announced that its M-Commerce Interconnect (EMI)
service will simplify mobile money payments and cash collection between mobile
wallet provider Vodafone M-Pesa and businesses.

The first deployment under the deal will connect M-Pesa with the growing network
of Grundfos safe water kiosks throughout Kenya and Tanzania, with other
countries to follow. This integrated payment service simplifies payment for safe
water. M-Pesa is the global brand for Vodafone's Mobile Money service, now
present in 10 countries.

Michael Joseph, Director of Mobile Money, Vodafone, says: "Vodafone is delighted
to enable access to affordable, safe water for our M-Pesa customers as a result
of the partnership with Ericsson M-Commerce Interconnect for Grundfos systems."

Grundfos' intelligent and connected water kiosks dispense safe drinking water in
the developing world. Across rural Africa, 50,000 water supply points have
failed, mainly due to lack of funds and capacity for operations and maintenance.
Ericsson and Vodafone address this critical challenge via efficient cash
collection, reducing the risks of cash management and overhead costs for a
scalable safe water solution.

Peter Heuman, Head of Mobile Financial Services, Ericsson, says: "Breaking down
the walls that exist in the mobile money ecosystem represents a significant leap
forward in creating much-needed connections between wallet providers and
enterprises. When digital payments become pervasive in cash-based societies, new
opportunities that were previously unimaginable become reality."





NOTES TO EDITORS

For media kits, backgrounders and high-resolution photos, please visit
www.ericsson.com/press

Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with every
major telecom operator in the world allow people, business and society to
fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud - are enabling the telecom industry and other sectors to do better
business, increase efficiency, improve the user experience and capture new
opportunities.

With approximately 115,000 professionals and customers in 180 countries, we
combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments in
research and development ensure that our solutions - and our customers - stay in
front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ
OMX stock exchange in Stockholm and the NASDAQ in New York.

www.ericsson.com
www.ericsson.com/news
www.twitter.com/ericssonpress
www.facebook.com/ericsson
www.youtube.com/ericsson

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations(at)ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail: investor.relations(at)ericsson.com


Ericsson and Vodafone M-Pesa simplify safe water payments:
http://hugin.info/1061/R/2047086/765143.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Ericsson via GlobeNewswire




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Invitation - SEB's third quarter 2016 results Ahold Delhaize publishes pro forma key historical data following the merger
Bereitgestellt von Benutzer: hugin
Datum: 06.10.2016 - 09:00 Uhr
Sprache: Deutsch
News-ID 499098
Anzahl Zeichen: 4495

contact information:
Town:

STOCKHOLM



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 216 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Ericsson and Vodafone M-Pesa simplify safe water payments"
steht unter der journalistisch-redaktionellen Verantwortung von

Ericsson (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Ericsson to build three Global ICT Centers ...

STOCKHOLM, SWEDEN -- (Marketwired) -- 09/02/13 --· High-tech, sustainable global ICT Centers to support R&D and Services organizations to bring innovation faster to the market· Two centers located in Europe; one in North America ...

Alle Meldungen von Ericsson



 

Werbung



Sponsoren

foodir.org The food directory für Deutschland
News zu Snacks finden Sie auf Snackeo.
Informationen für Feinsnacker finden Sie hier.

Firmenverzeichniss

Firmen die firmenpresse für ihre Pressearbeit erfolgreich nutzen
1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z