How to send money globally using M-PESA

9 months ago

in How To

Reading Time: 7 mins read

Contents

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When people travel overseas, you will realise just how lucky Kenyans are. Your phone is your wallet – literally! With M-Pesa, you can pay for anything from a hospital bill, salaries, school fees, restaurant bill or contribute to a wedding fundraiser. How cool is that?In other countries, you either have to use a credit card or local currency. Unfortunately, only 250,000 people own credit cards in Kenya. So what happens when you are overseas and need to send or receive cash ASAP? Can M-Pesa bail you out?Fortunately, yes. It took long but it was worth the wait. m-pesa global

Safaricom has just launched M-Pesa Global in partnership with Western Union. This means, M-Pesa users can now send and receive money from any part of the world using a mobile phone – it can be a smart or even a feature phone. Finally you can breathe a sigh of relief and say goodbye to cumbersome bank transfers processes and expensive bank conversion rates. No more calling banks, sending emails to ask for bank SWIFT codes or waiting for hours because of time zone differences.M-Pesa Global now allows you to easily send cash up to a maximum of Sh 70,000.This is how it works:

What is M-PESA Global?

M-PESA global is a service that enables M-PESA registered customers to send and receive money globally.

M-PESA customers will be able to send funds;

To East Africa: Rwanda, Tanzania & Uganda
Globally: To millions of Bank accounts and over 500,000 Western Union locations globally.
Paypal: Access funds quickly and shop around the world with PayPal mobile money service with M-PESA.

M-PESA registered customers will receive the funds from abroad on their M-PESA account.

How can one access this service?

By dialling *840# >Accept terms and conditions to Opt in > Select send money abroad
MySafaricom App > Select M-PESA> Select M-PESA Global>Accept terms and conditions to Opt in > Select Send

*download updated MySafaricom app version or update current one to access the service

What is the minimum/maximum amount one can send through M-PESA Global?

The minimum amount to send is KSHS 101 and maximum of KSHS 70000

In which currency will the recipient receive the funds?

The recipient will receive funds in their country’s currency

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What are the charges for the service?

Min	Max	Tariff (KES)
101	5000	100
5001	15000	250
15001	35000	350
35001	70000	500

How can M-PESA customers receive funds from abroad?

Why visit a bank or pay to receive money sent to you from US, UK, Europe, and UAE when you can receive it at the comfort of your home?

Safaricom and a number of money transfer services have partnered to ensure that it will not cost you a cent to receive money from the above mentioned locations. These partners are:

Next time, you are sending school fees home, remember it doesn’t have to cost the recipient a thing when you send to M-PESA.

Do we have M-PESA Global East Africa?

Customers can now send money to Rwanda, Tanzania and Uganda

East Africa just got closer than you ever imagined. You can now send and receive cash fast and conveniently across the region through M-PESA. Whether it’s sending cash to your business partners in Rwanda, sending pocket money to your college going children in Uganda, sending money to family in Tanzania or suppliers in Kenya, you can do it all through your phone.
It’s quick and easy;

When in TZ simply dial *150*00# and then “Send money to MPESA Kenya” on your Vodacom line
When in Rwanda; dial *830# to send money to Kenya from your MTN line.
When in Uganda; dial *165# to send money to Kenya from your MTN line.

Can one send money to all Western Union agents globally?

This service is available in all countries except sanctioned countries e.g. North Korea and Syria.

Can one send money to all Banks globally?

This service is currently available in Germany, China and UAE. Other countries will be included in due course.

*Send to Bank option is currently available on MySafaricom App only

What is a Country ISO?

This is a 2 LETTER abbreviation for country names e.g. ZA for South Africa, TD for Chad, KE for Kenya, UG, TZ, etc. ISO may not always be the first two letters of the country name.

What is a secret word?

When sending funds to South Africa the sender is required to input a secret word. The recipient will be required to have the secret word details at the collection point to receive the funds.

How do I get assistance?

For all customer care queries, kindly call 100 or 200

HOW TO

1. OPt in

Customer JOURNEY – *840#

Dial *840#
Select Opt in
Read Terms and conditions
Accept / Decline
Enter M-PESA PIN
Then Wait for confirmation SMS

2. USSD Procedure

Dial *840#
Select Western Union Location
Select New Recipient
Enter First name
Enter Last name
Enter Middle name
Enter Amount
Pick Destination
Enter 2 letter Country ISO(Where user selects ‘Other’)
Enter Purpose of funds
Enter source of funds
Confirm transaction details and charges
Enter M-PESA PIN

Customer will receive M-PESA SMS and another SMS with the MTCN from M-PESA Global which should be shared with the Recipient

3. MySafararicom App Procedure

Launch the App, internet connection is required
Navigate to M-PESA> M-PESA Global > Opt in
Read and accept Terms and Conditions
Enter M-PESA PIN and wait for confirmation SMS

How can one access this service? By dialling *840# >Accept terms and conditions to Opt in > Select send money abroad. MySafaricom App > Select M–PESA> Select M–PESA Global>Accept terms and conditions to Opt in > Select Send.