MPesa Users to Make Transactions through Western Union in New Deal
Safaricom has signed a payments deal with United States financial services company Western Union.
The deal will allow MPesa users to send and receive cash at any Western Union outlets across the globe.
Under the agreement, MPesa customers will be able to transact up to Sh140,000 per day through their mobile phones. The new mobile cash transfer service will allow transactions in 130 global currencies.
Safaricom’s Chief Financial Services Officer Sitoyo Lopokoiyit says the deal will enable Kenyans send and receive money across the world from the comfort of their phones.
“M-PESA Global seeks to connect Kenyans to opportunities by making it easy and seamless for them to transact with the world and for the world to transact with Kenyans,” says Lopokoiyit.
M-pesa customers can access the new service by dialing *840# or by selecting “M-PESA Global” under the M-pesa menu on mySafaricomApp.
Safaricom has similar cash transfer deals with World Remit and HomeSend.
Comments
Now that I am Retired: I am…
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Now that I am Retired: I am now Glad my Children will be Sending me Money right at my Door-step; or Me to them if need be.
Oops! The mySafaricom app is…
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In reply to Now that I am Retired: I am… by Guest1 (not verified)
Oops! The mySafaricom app is Out to Use your Mobile data and Mobile Data only. What's up here (not being Allowed to Use Wifi)?
Not sure about Western Union…
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Not sure about Western Union deal. Tumepiga doom saga kill siku. Like siku unaona his headline: Kenyans send 2 billion dollars for the month .... Sasa his imewafanya kampuni kama WU to jump in and clean some profits. Remember a lot of people has stopped using WU because of cheaper services like CashUp.PoaPay nk.
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