Kenya’s largest Teleco by marketshare and revenue has now gone global, thanks to their partnership with Western Union and other international money transfer services.
The new service, dubbed M-PESA Global, will enable M-PESA users to send and receive money around the world.
Other than Western Union, M-PESA Global encompasses international money transfer via other services such as Vodacom Tanzania, MTN Rwanda, MTN Uganda, PayPal, Skrill, HomeSend, Xpress Money, MoneyGram, and WorldRemit.
Additionally, M-PESA users can now send cash to bank accounts in Germany, Britain and the United Arab Emirates. More counties will be added in the coming days.
The M-PESA Menu on MySafaricom smartphone application (Android) has already been updated to include the M-PESA Global option.
iOS users are expected to get the update in a few days.
To send Money from Kenya to Rwanda or Uganda, dial *840#.
To send money to Tanzania, go to Lipa Na M-PESA, select Pay Bill and enter Business Number 255255. In the Account Number window enter recipient’s mobile number in the format 2557XXXXXXXX.
Enter amount, M-PESA PIN and confirm transaction.
Users can transact from Ksh. 100 to Ksh. 70,000 in a single transaction.
Charges are as follows: