Skip to main content

M-pesa global charges. Send and receive money worldwide with Mpesa global

Mpesa Global Rates
Safaricom M-pesa, the leading mobile money transfer services has now gone worldwide with M-pesa global.
Any M-pesa account holder can now receive money from almost anywhere in the world at their convenience.
Through the M-pesa Global initiative M-pesa has partnered with various international money transfer services to allow faster and more convenient money transactions between Safaricom customers and any part of the world.
According to the financial report for the financial year ended June 2018, remittances reached an all time high of USD.2,438 million, an increase of 38.6% as compared to the previous year.
Knowing well the huge role M-pesa has played in the growth of Kenya's economy, it is expected that through the various key partnerships that have been realized as a result of M-pesa global, the overall remittances from abroad are expected to rise.
Mpesa global makes it even much better for Kenyans abroad who would like to send money back home more often for whatever reason.
Also read:This is how to send money to M-pesa with worldremit.
Due to it's flexibility, M-pesa makes it easier for recipients to access their money. With Lipa na mpesa, they can start shopping or paying bills immediately, or if they need cash they can easily make a withdrawal on any of the many M-pesa agents countrywide. There is no need to travel to a pick up location like banks as it used to.
Initially, remittances would cost both the sender and the recipient. But with Mpesa global, the recipient will not be subjected to any transaction charges, only the normal M-pesa withdrawal fees.
Direct international deposits to any mpesa account will reflect immediately, with both the sender and the recipient getting transaction notifications. This has greatly reduced the transaction time which initially has been not less than three days. It also greatly eliminates risks associated with money in transit.
So far, mpesa global has partnered with various international money transfer services including western union, worldremit, PayPal, skrill,xpress money and many more.
Considering that many Kenyans now earn money online, M-pesa PayPal partnership was a highly welcomed move. Apart from withdrawing money from their PayPal accounts to mpesa, they can also make direct PayPal mpesa deposits with lipa na mpesa.
Android users can also pay for apps directly on the play store with mpesa, and recently mpesa has partnered with China's Aliexpress to allow customers pay for goods on the platform with mpesa.
Mpesa global charges.
For any mpesa global transactions, the sender will be charged as follows:
Min.           Max.         Charges.
100.            5,000.         100
5,001         15,000         250
15,001       35,000         350
35,001        70,000         500

When you send money to any M-pesa account, the recipient will receive it in Ksh.
As a result of mobile money transfer restrictions in Kenya, an M-pesa account is not allowed to receive more than Ksh. 70,000 in a single transaction, and cannot hold more than Ksh.100,000 at any one given time.
For M-pesa users, Mpesa global is available under USSD *840# or under Mpesa global on my Safaricom app.
All Kenyan mpesa account holders can also send money to any mobile wallet in Tanzania, Uganda and Rwanda.
They can also make direct bank deposits to any bank account in the United Arab Emirates, United Kingdom and Germany.
This list is expected to grow with time.
Your thoughts on Mpesa global? Feel free to share on the comments section below.

Comments

Post a Comment

Most Popular

Telkom 4G CPE router. Connect your home, business or office with secure high speed internet.

Do you want to connect your office or business premises with internet and probably looking for a router that will give you fast, stable secure and affordable internet? Telkom CPE router could be the exact device you have been looking for. With its simplicity and multiple connection options, it gives you strong secure high quality internet without any complications or hiccups. It's a pluck and use WiFi router. And Telkom's affordable data bundles makes this router stand out among it's close competitors. The router can support up to 32 users at a go either through WiFi or LAN, for either internet browsing or voice calls, making it ideal for SME's, cyber cafes, offices and home. Since it's rebranding from orange, Telkom Kenya   has been restructuring itself in order to regain it's place as the market leader when it comes to internet service provision in the country and the region at large. To achieve this, Telkom has been heavily investing in upgrading it's inf
Post a Comment
Read more

How To Buy Safaricom Tunukiwa Offers including Minutes, SMS And Data.

Safaricom Tunukiwa daily  has now become part and parcel of Kenyan life and many Safaricom customers have embraced it due to it's  high affordability as compared to normal rates be it on data, SMS or call minutes. For instance, instead of buying 150 Mbs at ksh.50 daily you can get Tunukiwa 180 Mb daily at the same price. What are Tunukiwa Bundles? Tunukiwa is a Swahili term for 'rewarded'. Safaricom Tunukiwa, therefore, is one of the many Safaricom' s loyalty programs aimed at rewarding their customers for staying loyal and using Safaricom products and services. Others are : Safaricom bonga.  Allows you to earn bonga points when you buy various Safaricom products and services. You can later on redeem the points for various goods and services including Bonga Points Phones . Storo bonus. where you get free airtime to be used for SMS and calls once you reach your daily storo target. Tunukiwa was introduced in April 2017, immediately after Airtel Kenya launched a produ
1 comment
Read more

At&t Internet Plans prices and features.

  AT&T Internet is one of the most competitive in the us with a wider Coverage and a number of Internet plans to choose from including fiber only plans. At&t is the largest Telecommunications company and one of the best internet service providers in USA. It provides high speed reliable home internet in a number of states via fiber, DSL fiber hybrid and fixed wireless. At&t internet is available in 21 states across the US being Alabama, Arkansas, California, Florida, North Carolina, South Carolina, Florida, Georgia, Illinois, Indiana ,Michigan, Kansas, Louisiana, Ohio, Tennessee, Oklahoma, Kentucky, Mississippi, Texas, Nevada, Wisconsin and Missouri.  Most of at&t service areas are concentrated in the Southern region with 14 states, 5 in North Central and 2 in central. Those in the East don't have access to at&t services and will have to really on other ISP's like Verizon and Cox. While at&t Internet has a wide coverage as compared to other internet s
Post a Comment
Read more