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

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...

Airtel Zawadi points-Everything you need to Know.

Zawadi is a Swahili term for a gift or to reward. Airtel Zawadi therefore is a loyalty program by Airtel Kenya aimed at rewarding its customers for staying loyal to the brand by using their various products and services .  The service closely resembles Safaricom bonga and Telkom Ziada , both also rewarding customers for using their lines to make calls, browse or send SMS as well as transacting on mpesa. How to register for Airtel Zawadi . Initially Airtel was giving it's subscribers an opportunity to register for Airtel Zawadi by dialing *326# and selecting the option for ' registration'.  Then later couldn't see the option to register and when we contacted Airtel they told us new customers we're automatically enrolled to the program on successful registration of their lines so that they could begin earning from their first top up.  However it seems Airtel are not enrolling their Subscribers for the program anymore, and when I tried to check my points balance ...

Verizon 5G Home Internet plans features and pricing

  Being the second largest wireless carrier in the US, Verizon have been working round the clock to expand it’s 5G broadband network and from just three markets in October 2018 the company now provides it’s fixed 5G home internet to 40 markets with more expected to be added soon. Verizon’s 5G Home internet is a fixed wireless broadband that relies on the Ultra Wideband that provides high speed internet connection with download speeds of up to 1Gbps and up to 300Mbps upload speeds. This is more than enough for all your home internet needs including streaming, gaming and multi-device use. Availability . After it’s first announcement in November 2017 that it was planning to roll out 5G broadband services in select markets, Verizon Communications Inc finally launched it’s first 5G home internet on 1st October 2018 with residence from Los Angeles, Indianapolis and Houston being the first to enjoy this revolutionary technology that attracted quite a huge attention all over the world. ...