ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

M-Pesa: Convenient Mobile Money Transfer

Updated on January 29, 2016

What is M-Pesa?

Ever thought of paying your electricity bill, shopping with your phone or even paying your kids school fees using your phone? Now that's M-Pesa for you. According to Wikipedia, M-Pesa stands for Mobile money, M stands for Mobile while Pesa is a Swahili word for money. Though this system has been used elsewhere to transfer money using smart phones, M-Pesa is more than a paperless money transfer, it is a modern way of doing business popular with micro finance sector. Using your mobile device, you can transact business in the comfort of your home. M-Pesa offers you the opportunity to transfer money, make deposits, withdraw money and pay utility bills. This could be the future PayPal very soon.

M-Pesa - How to Register Free

Using M-Pesa is a way to save time and enable you to avoid ques in banks and other point of sales. To register for M-Pesa service you need a passport or national identification document and a Safaricom or Vodacom line. Referred to as the most advanced mobile payment, M-Pesa is brainchild of the largest Mobile operator in East Africa, Safaricom and Vodacom and the service is very popular in Kenya and Tanzania. Registration can be done at any M-Pesa outlet, their customer service centre or any of their branches in the regions mentioned below.

Banking Using M-Pesa:

Several banks have in the recent past partnered with M-Pesa to enable their customers to bank, withdraw, transfer and pay bills using their mobiles and this real time transaction has seen a phenomenal growth of M-Pesa paperless money transfer service. You do not have to walk around with hard cash any more. Simply get your SIM card M-Pesa enabled and you can do shopping or dine out and pay via M-Pesa. It is also a way of attending to emergencies without having to borrow money, you simply withdraw cash from your bank account and send. Simple!

M-Pesa Benefits:

This service is not only limited to Kenya and Tanzania but has gone international and people in the Diaspora are using M-Pesa to send money back home. This has opened more investment opportunities spanning from real estate, saving in local banks, riding on exchange rates among many.

Locally, accessing your money has never been this simple and there are M-Pesa agents even in the remotest areas as long as there is good network coverage by both Safaricom and Vodacom. Days are long gone when sending money used to take days or weeks and banks used to operate for seven hours a day. You can buy airtime anytime as long as you have enough balance in your M-Pesa account.

You are in control of your finances and you save a lot in terms of travel costs. Remember the cost per transaction is one of the cheapest in the world hence value for money.

Where to Find M-Pesa Markets:

Being the leader in money transfer in the market, you can access or send money to any other network and the beneficiary will be able to access the funds in seconds. on the other hand M-Pesa redemption centers are everywhere and the customer service is superb.

The major M-Pesa markets include and not limited to Kenya, Tanzania, Afghanistan, South Africa, India and Egypt. Most of these countries the partnership has seen the rise in similar services by other mobile operators and by the turn of the century, paperless money transfer will be the next mode of doing business.

To make it world brand, M-Pesa will soon partner with Manchester United Football club in the UK to brand their T-shirts on all their away matches in the Barclay's Premier League.

M-Pesa Security:

You do not need to have a smart phone to use the M-Pesa banking solution, a simple phone and sim card is all you need to do your Mobile Pesa transactions and your security is guaranteed through a PIN number just like an ATM card; no one has access to your account PIN unless you give it out.

What's Your Mobile Money Transfer Experience Like?

    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)