FEATURED STORY

M-PESA customers to send and receive money globally

Share
A M-PESA customer makes a transaction. Safaricom’s deal with Travelport marks the second such in the last three months. www.businesstoday.co.ke
A M-PESA customer makes a transaction. Safaricom’s deal with Travelport marks the second such in the last three months. [Photo//Business Today/File]
Share

Safaricom has launched M-PESA Global a new and revolutionary service that opens up M-PESA to the world. The new service will allow anyone from virtually anywhere in the world to send money to any M-PESA customer in Kenya. In a first of its kind, all M-PESA customers can now send money to almost any individual across the world through a variety of channels including directly into their bank accounts, and for pick up at more than 500,000 Western Union agent locations.

“This new service brings the convenience, safety and speed of M-PESA to the rest of the world and will enable Kenyans to send and receive money across the world from the comfort of their mobile phones. M-PESA Global seeks to connect Kenyans to opportunities by making it easy and seamless for them to transact with the world and for the world to transact with Kenyans,” said Sitoyo Lopokoiyit, Chief Financial Services Officer, Safaricom.

Customers can access the new service by dialling *840# or by selecting “M-PESA Global” under the M-PESA menu on mySafaricomApp.

In addition to already existing channels, M-PESA Global will immediately enable customers to send money for pick up at more than 500,000 Western Union agent locations across the world. Transfers through bank accounts to the United Arab Emirates, the United Kingdom, and Germany will also be available immediately, with services to bank accounts in other countries being rolled out in the coming weeks.

With M-PESA Global, Kenya achieves another first in enabling sending and receiving of money between mobile phones and virtually any individual across the world.

READ: NIGERIA OUTSHINES KENYA AT AFRICAN FACT-CHECKING AWARDS

M-PESA Global already allows customers to make and receive payments from more than 200 million PayPal customers from 200 markets across the world. Other partners available on the platform include World Remit and HomeSend among others.

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

6 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
IMF Headquarters In Washington DC
BUSINESSECONOMYNEWS

IMF Insists on Governance Review Before Entering New Deal with Kenya Government

The IMF (International Monetary Fund) has put the first roadblock in the...

The Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESSECONOMYMARKETSNEWS

CBK Accepts KSh 13.8 Bn at Weekly Treasury Bills Auction

CBK (Central Bank of Kenya) received bids worth KSh 13.8 billion out...

Crown paints
BUSINESS

Crown Paints Joins in Celebrating World Earth Day 2026

Crown Paints Plc has joined the global community in commemorating World Earth...

Avocados in Kenya
AGRICULTUREECONOMY

Avocado Farmers Face Stricter Requirements from Importers

Avocado farmers in Kenya are in the middle on the harvest season...