Tigo
has announced the first of its regular quarterly payments worth 3bn/-
(US $ 1.8 million) to Tigo Pesa users. This payment comes three months
after the company paid a staggering profit of TZS 14.25 billion (US $
8.64 million) accumulated in the Tigo Pesa Trust Account to become the
first mobile money service in the world to pay profit to its users. Tigo
Pesa has a subscriber base of 3.6 million customers.
Tigo
General Manager Diego Gutierrez said “This second round of profit
disbursement shows the company’s continued commitment to benefit and
improve the lives of Tanzanians. The payment goes to all Tigo Pesa users
including super agents, retail agents and individual users of the
service.”
“The
first payment was bigger due to the fact that the profit had been
accumulated over a period of three and a half years. This second payment
is the profit accumulated from funds held in trust in commercial banks
for three months in the quarter July to September 2014,” the General
Manager said.
Mr
Gutierrez explained that, as before, the average return to a customer
will vary based on their average daily balance in their Tigo Pesa
e-wallet. This applies to super-agents, retail agents and individual
customers.
The next installment for the quarter of October to December 2014 will be paid out in February 2015.
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