How to send money abroad via M-pesa: everything you need to know about the service
Nowadays, there is a remarkably simple way to send money to your loved ones wherever you are in the world. With mobile money, transfer money to an M-pesa e-wallet in no time. Here you will learn everything you need to know about M-pesa mobile money and Monisnap services. Find everything you need to know about the service and learn how to send money abroad via M-pesa!
M-pesa presentation
M-pesa is a microfinance and mobile money transfer system launched by Vodafone and developed by Safaricom and Vodacom, the two largest cell phones operators in Kenya and Tanzania. It is the most trusted service in Tanzania with over 5 million Tanzanians using M-pesa.
M-pesa grew rapidly and by 2010 had become the most successful mobile phone-based financial service in the developing world. By 2012, approximately 17 million of accounts have been registered in M-pesa Kenya. The service has been praised for providing millions of people with access to the "formal" financial system. It has also helped reduce crime in societies largely based on cash exchanges.
It has since expanded to Afghanistan, DR Congo, South Africa, India and, in 2014, Eastern Europe.
With M-pesa, you can easily send or receive money from over 160 countries instantly to and from your M-pesa wallet through a wide range of partner globally.
All the rates of M-pesa
M-pesa sending charges depend on the amount of money being transferred and the country you are from. There is difference between registered user of the service or not.
Transaction charges vary from 66% to 0,6% according to users and amounts:
- To 66% of the transaction value for a transfer to an unregistered user.
- To 30% of the transaction value for a transfer to a register user.
- The lowest transfer charge is 0,16% to a registered user for 70,000 KSHs.
- The cost to withdraw money from an Mpesa agent is a maximum of 20% of the transaction amount and 0,47% minimum.
You can check all the transfers charges and the Mpesa sending charges chart online and in PDF on the website of Safaricom.
How to send mobile money via M-pesa?
There are several ways to send money abroad on an M-pesa wallet. These vary depending on the method of sending and the destination country.
For each currency, there is a minimum and a maximum amount to send.
You can transfer money in two ways:
- By dialling *840# (download updated MySafaricom app version or update current one to access the service), accept terms and conditions to opt in, then select send money abroad
- MySafaricom app > Select M-pesa> Select M-pesa Global>Accept terms and conditions to opt in > Select Send
You do not need to know the exchange rate, it will be converted automatically and the prevailing exchange rate indicated on the transaction confirmation.
The best solution to send money abroad to an M-pesa wallet is to use Monisnap! It is the easiest and cheapest way!
Need to send money abroad?
Monisnap, the money transfer fair and easy
Your first transfer is free!
Reach M-pesa customer care
You can reach the M-pesa customer care by calling different number, depending of the market you are the customer. Each website tells you how to reach the customer service.
For example, if you are in Kenya, you can contact M-PESA Customer Service on 234 from your Safaricom line. If you are overseas and on PrePay you simply dial +254 722 002 100 If on PostPay you simply dial +254 722 002 200.
Send mobile money fast and free on a Mpesa wallet with Monisnap
The easiest way to send mobile money is Monisap! Monisnap is a money transfer service that enables you to send money in more than 100 countries.
Monisnap's purpose is to allow you to make money transfers in a simple, fast, secure, and fair way.
Sending mobile money using the Monisnap application is a simple and secure way to transfer money to an M-pesa wallet holder in Tanzania.
You need to send money to your family or friends from aborad? Monisnap allows you to centralize your means of sending money on a single application, whether from your computer or your smartphone. Our fees are the most attractive in the market, no matter how much money you want to send Monisnap only takes 0.99£ commission! And the first transfer is free!
You just have to:
- Download the Monisnap app and create your account
- Choose the country you want to send money in
- Choose the amount you want to send
- Enter your beneficiary’s mobile phone number
That’s it! Your beneficiary receives the money in an instant directly on his Mpesa wallet. He may pay
with his phone in his country or withdraw the money in cash.
Still not convinced? Remember, your first mobile money transfer is FREE. If you want to send more
money later, it will only cost you 0.99£ per transfer, try it now!
Get your first free transfer now!
💰 What is mobile money?
Mobile money is a way to send, receive and save money only with your phone without a bank account!
❓ How M-pesa work?
Your mobile money wallet is linked to your operator, so you can easily do money transfer!
💸 How to send mobile money?
With Monisnap, you can send mobile money for your mobile or for a beloved one! All in just a few seconds with the Monisnap app.
💡 Why should I use Monisnap?
With Monisnap, you can send money to anyone in more than 100 countries no matter the operator of your recipient!
In less than 1 minute, with the lowest fees on the market and an easy process, Monisnap facilitates your money transfers.
Yannis Rahal