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M-PESA's International Money Transfer (IMT) service allows anyone wishing to send money to Kenya to visit one of several Safaricom IMT partners (such as Post Finance, World Remit, and Western Union) and send money to an M-PESA mobile phone in Kenya. Money transfers are received almost instantly, and at no expense to the recipient.

M-PESA is the result of a partnership between Vodafone and Safaricom, a Kenyan mobile network operator. M-PESA's International Money Transfer (IMT) service allows anyone wishing to send money to Kenya to visit one of several Safaricom IMT partners (such as Post Finance, World Remit, and Western Union) and send money to an M-PESA mobile phone in Kenya.

MySafaricom App offers you a convenient self-service channel to manage your M-PESA and Safaricom accounts and interact with our customer care. Whether you are an Android or iOS user, you may download the App from the Safaricom App Store, Apple Store or from the Google Play Store and enjoy convenience.

Launched by Safaricom, Kenya's leading mobile provider, M-Pesa is a mobile payment service that has brought the enjoyment and convenience of mobile payment to people. In its ten years of growth, M-Pesa has expanded from a person-to-person money transfer service to a payments service that people can use to pay for shopping, medical care, education, and many other things. It has become a household brand name in Kenya and one of the most successful examples of a mobile payment service in the world.

The deal will see the pair work on the development of new products and services supporting digital payment for customers of Safaricom’s M-Pesa micro-finance and payments platform. The partnership will cover over 24 million M-Pesa customers, more than 173,000 M-Pesa merchants from Safaricom and more than 61 million merchants on Visa’s network. “This partnership will play an important role in delivering even more value to our customers,” says Peter Ndegwa, CEO of Safaricom.

Mobile money transfer: ‘Ethiopia hasn’t shut the door to M-Pesa’

In April, while the Kenyan telecoms giant Safaricom was in talks with the Ethiopian authorities to launch its M-Pesa app, the country’s central bank, the National Bank of Ethiopia, decided to only allow locally-owned non-financial institutions to offer mobile money services.

So, we didn’t shut the door to M-Pesa. Instead, we’ve asked them to partner with an Ethiopian bank.

M-Pesa, the mobile money service success story that began in Kenya in 2007 is continuing its march, this time into the surprising location of Romania, raising the questions, what will the product look like in this new European market and how will it fare. At the end of last month Vodafone, the operator behind the new service and one of Romania’s largest telcos, began operations using the country’s 300 Vodafone Romania stores, participating retail outlets, and authorized agents.

Like many parts of the developing world, Africans are significantly less likely to have bank accounts and credit or debit cards. But mobile phones have penetrated the African market, and in countries such as Nigeria and Kenya, the majority of people have a workable phone.

M-Pesa is a Kenyan mobile payments platform, one of the first of its kind in Africa (

he service has been a runaway success since launching in 2007, operating in 10 countries across Africa, the Middle East, and Southeast Asia and earning Safaricom 19.4 billion shillings (about $190 million) in the first half of 2015. It seems likely that as cell phone use continues to proliferate on the African continent, M-Pesa's transactions will grow, too.

Susie Lonie and Nick Hughes are the people responsible for Kenya's M-Pesa mobile money transfer system. It allows people without bank accounts to transfer money quickly, easily and safely using their mobile phones, and has radically altered developing world economies. There are now nearly 100 similar systems in the developing world.The pair recently picked up an Economist Innovation award for the service.The BBC's Fiona Graham spoke to them about launching M-Pesa, how businesses have benefited from the service, and dowries.

In Kenya, mobile money is almost synonymous with Safaricom’s M-Pesa.

When Kenya’s leading telco Safaricom introduced M-Pesa in 2007, it started out as a simple transfer service that allowed users to send and receive money with their mobile phones. Safaricom has since rolled out other M-Pesa services like loans and payments.

In the year 2000, we began the Safaricom journey with a view to Transform Lives. Safaricom is one of a small group of about 400 companies across Africa whose annual revenues are more than $1 billion. Many of these companies are pan-African in their operations and are active in increasingly diverse sectors.

M-PESA is restoring dignity to thousands of refugees. Through a partnership with the World Food Programme, we are leveraging M-PESA to help more refugees access food, through a product known as Chakula Chap Chap. M-PESA has enabled us to digitize food delivery for over 100,000 households. It has removed the opportunity for corruption by eliminating middle-men, and reduced the cost of distributing relief aid, creating employment and business opportunities for people in refugee camps. This initiative has shown us that our business can help bridge critical gaps for our society.

In the year 2000, we began the Safaricom journey with a view to Transform Lives. Safaricom is one of a small group of about 400 companies across Africa whose annual revenues are more than $1 billion. Many of these companies are pan-African in their operations and are active in increasingly diverse sectors.

Going to Nairobi or Mombasa? Start off your Madaraka Express experience in style. Simply dial *639# to buy a Madaraka Express ticket and pay via M-PESA. It’s easy and fast! Buy up to a maximum of 5 tickets in one transaction 24/7 from the comfort of your home, office or even while on the go. You can book your ticket seven (7) days in advance plus a return ticket as long as it is within (seven) 7 day window period. You may also buy tickets over the counter at the Mombasa and Nairobi termini and at the respective departing intermediate station or by calling 0709 388888 and paying via M-PESA Group bookings of over 20 passengers must be made nine (9) days to the travel date.

erhaps the most influential and widely reported publication pushing forward this narrative is an article examining M-Pesa written by US-based economists Tavneet Suri and William Jack—and published in the prestigious journal Science—entitled ‘The Long-run Poverty and Gender Impacts of Mobile Money’.

The country has seen skyrocketing mobile penetration rates, with subscriptions surpassing the total population amount by 12%, and FinTech innovations have followed. For example, the telecommunications giant Safaricom, which contributes 5% of the county’s GDP, led the push in 2007 with its M-Pesa money transfer service, which functions much like a limited mobile bank but without the need for an Internet connection. M-Pesa combines Safaricom’s mobile infrastructure with an agent model; Safaricom stores their balance and customers can go to one of 110,000 agents throughout the country to conduct transactions in person. The whole system runs on technology similar to text messaging, and has expanded to seven countries.

The tie-up of Kenya's mobile sensation M-Pesa with PayPal and Western Union, coupled with the joint venture between two of the largest cellular operators – MTN and Orange – for a mobile wallet that operates across networks have capped a year that has seen significant developments in Africa's already blooming mobile payments market.

Researchers have also noted the potential of M-Pesa to affect savings. Morawcyznski and Pickens (2009) observe that users often keep a balance on their M-Pesa accounts, thereby using the system as a rudimentary bank account despite the fact that the system does not provide interest.

Aujourd’hui, près de 19 millions de Kényans font un usage régulier de M-Pesa soit près de 70 % de la population adulte. Chaque seconde, environ 900 transactions sont réalisées par ce biais. Au total, M-Pesa voit transiter 68 % des transactions monétaires du pays, représentant en valeur 7 % des montants passant par l’ensemble des moyens de paiement du système bancaire et financier kényan, soit 25 Mds USD par an ou un peu plus du tiers du PIB du pays.

It will show that the M-PESA application was utilized for the cultivation of livelihood strategies

M-Pesa development, and the strategies employed to engage with different actors in the financial services sector. Purposive theoretical sampling strategy (Strauss 1987Strauss, Anselm L. 1987. Qualitative Analysis for Social Scientists. Cambridge: Cambridge University Press.10.1017/CBO9780511557842 [Crossref], [Google Scholar]) was used to identify relevant sources of data both for the secondary data collection process and identification of informants for the interviews.