Telecom

South Africa: Telkom launches Whatsapp payment services

South Africa: Telkom launches Whatsapp payment services
Friday, 10 March 2023 15:27

With that new service, Telkom wants to capitalize on the growing social media adoption to boost its revenues. 

In South Africa, Telkom’s subscribers can now pay for services and products directly via Whatsapp. The new feature is based on the "Chat 2 Pay" solution from Clickatell, a mobile communications and chat-commerce company.

With this innovation, Telkom's postpaid and prepaid customers can pay their phone and xDSL/fiber bills, top up their accounts and buy new service plans (call, data, SMS) by sending messages to the mobile operator's WhatsApp chatbot. Payments can be made via Mastercard and Visa debit and credit cards, we learn.

The new service is part of Telkom's efforts to provide innovative products and services to its subscribers, diversify its revenue streams, and become more competitive in the South African market. In October 2022, the operator launched the commercial 5G and is considering launching a mobile virtual network.  

In addition, the introduction of financial payments through WhatsApp coincides with Telkom's telecom services tariff increase. The tariff adjustment, which will come into effect next April 1, is expected to enable the company to better address the economic challenges facing South African telecom operators.

The move comes at a time when social media adoption is growing rapidly in South Africa. According to research firm Statista, the number of WhatsApp users in the rainbow nation is expected to grow by 35.31 percent to 21.42 million in 2028.

"Telkom continues to look at ways to advance our customers’ digital experiences, and our digital channels are core for future delivery. Chat 2 Pay helps us optimize our payment channels and payment collection. What’s more, the ease of and availability of VAS services is expected to further boost revenue opportunities," said Gugu Mthembu, Telkom’s chief marketing officer. 

Isaac K. Kassouwi

On the same topic
Chad exploring telecom partnership with Ethiopia’s Ethio Telecom Talks cover 4G/5G networks, cloud, devices and digital finance Initiative aims to...
Tizeti tests ad-funded internet model offering free data for ads Users watch short ads to receive data on public Wi-Fi Service targets over 2.5...
The cost of a smartphone equals 26% of monthly GDP per capita in Sub-Saharan Africa, compared with 16% in other low- and middle-income...
Libya’s state operator signed an agreement with China’s ZTE to modernize telecom infrastructure and expand 4G and 5G networks. Libya had 6.5...
Most Read
01

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
02

The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...

BCEAO Cuts Key Rate to 3.00% as WAEMU Faces Deflation
03

Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...

Nigeria Advances Banking Reform With Strong Recapitalization Progress
04

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
05

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.