Vodacom flags fraudulent fund transfers

Mozambique's mobile firm Vodacom which oversees the money transfer platform, M-Pesa, says it blocks around 2 500 numbers a month linked to fraud. It says about 80 people are duped in fraudulent mobile money transactions daily. Peace FM reports that marketing director Daisy Madeira said numbers from other mobile service operators were also involved in the scam. ‘If there were synergies between all mobile phone operators, it would help customers a lot. If a number is linked to fraud by one operator, it is blocked on the other side,’ Madeira said.

Full report on the Peace FM site