M-Pesa transactions surpass Western Union moves across the globe

[Codezilla]

Safaricom has had more transactions using M-Pesa than what its global rival, Western Union, has moved across the world.

M-Pesa, which allows mobile phone subscribers to transmit as little as Sh50 in seconds, was a first in the world and is now being emulated by countries like South Africa, India and Afghanistan which have launched similar money transfer services.“M-Pesa now processes more transactions domestically within Kenya than Western Union does globally, and provides mobile banking facilities to more than 70 per cent of the country’s adult population,” says the International Monetary Fund in its October outlook on the African economy.

14 million customers

M-Pesa was launched in March 2007 and now boasts of over 14 million customers and about 28,000 agent outlets across the country.

The World Bank has since then picked former Safaricom CEO, Michael Joseph, to help replicate this model in developing countries, as way of fighting poverty and deepening financial services.

In Kenya, the value of M-Pesa transactions since 2007 to March topped Sh828 billion or half of the country’s GDP and last years’ worth of business reached Sh47 billion.

 

[Roulette]

Big ups Safaricom and M-pesa!

 

[LAT]

m-pesa wakitaka kumaliza kabisa waanzishe international transfers, charges za western union na wire transfer za mabenki ni kubwa sana

please m-pesa do this and you will never regreat

 

[simplemind]

m-pesa wakitaka kumaliza kabisa waanzishe international transfers, charges za western union na wire transfer za mabenki ni kubwa sana

please m-pesa do this and you will never regreat

Ukweli mtupu! You hit the nail on the head.

 

[mfianchi]

Western Union wana urasimu sana sijui upeleke vithibitisho ,mara sijui usitume zaidi ya kiasi fulani ,pia kwa hapa Tz ni kuwa hiyo huduma inapatikana kwenye mabenki tu,tofauti na M-pesa amabyo inapatika hata Litumbanjosi

 

[Codezilla]

m-pesa wakitaka kumaliza kabisa waanzishe international transfers, charges za western union na wire transfer za mabenki ni kubwa sana

please m-pesa do this and you will never regreat

Mkuu,
Walishaanzisha sometime back last year..you can actually receive money from USA,UK,CANADA,INDIA, via M-PESA

 

[simplemind]

Mkuu,
Walishaanzisha sometime back last year..you can actually receive money from USA,UK,CANADA,INDIA, via M-PESA

Can you receive and send across East Africa?

 

[LAT]

Mkuu,
Walishaanzisha sometime back last year..you can actually receive money from USA,UK,CANADA,INDIA, via M-PESA

mkuu, do you mean i can send money from my m-pesa mobile account throgh m-pesa to another mobile phone subscriber visa versa?

tafadhali naomba unijuze , how? using which currency? and what are the charges?

 

[Ulimakafu]

Wanasaidia sana hao.

 

[Codezilla]

mkuu, do you mean i can send money from my m-pesa mobile account throgh m-pesa to another mobile phone subscriber visa versa?

tafadhali naomba unijuze , how? using which currency? and what are the charges?

...Here is a very useful link to expound more the above mentioned subject Safaricom -Send money from the UK to Kenya
regards

 

[LAT]

...Here is a very useful link to expound more the above mentioned subject Safaricom -Send money from the UK to Kenya
regards

mkuu , asante sana kwa info

hapo kwenye m-pesa ya safaricom utaona bado western union wanahusika kwa kuwa wapo involved in sending the money, yes the charges may still be high

 

[ipogolo]

Safaricom has had more transactions using M-Pesa than what its global rival, Western Union, has moved across the world.

M-Pesa, which allows mobile phone subscribers to transmit as little as Sh50 in seconds, was a first in the world and is now being emulated by countries like South Africa, India and Afghanistan which have launched similar money transfer services."M-Pesa now processes more transactions domestically within Kenya than Western Union does globally, and provides mobile banking facilities to more than 70 per cent of the country's adult population," says the International Monetary Fund in its October outlook on the African economy.

14 million customers

M-Pesa was launched in March 2007 and now boasts of over 14 million customers and about 28,000 agent outlets across the country.

The World Bank has since then picked former Safaricom CEO, Michael Joseph, to help replicate this model in developing countries, as way of fighting poverty and deepening financial services.

In Kenya, the value of M-Pesa transactions since 2007 to March topped Sh828 billion or half of the country's GDP and last years' worth of business reached Sh47 billion.

Unazungumzia safari-com na M-pesa je sisi wa tanzania tuliopo tz tutafaidika vipi na huduma hiyo? east afrika hatujawa na sarafu moja kwa mtazamo wangu huduma ya m pesa kwa afrika mashariki au nje ya mipaka ya tanzania haijawa tayari. zipo taratibu za kifedha zinahitajika miongoni mwa makampuni husika kwa kuzishirikisha BOT(Tz) na CB (kenya) usikopi maandishi kutoka vyanzo vingine bila ridhaa. that is piracy.