Kenya mobile money: send money abroad
You live abroad and want to send money to friends and family in Kenya? Don’t worry it’s possible with Kenya mobile money services. In this article, we introduce you to mobile money, the services that provide it in Kenya, and the simple and offer of Monisnap.
Mobile money Kenya: presentation
Mobile money enables you to store, send and receive money using your mobile phone. Simply by using your phone or tablet, you can make financial transactions in over 80 countries. This is mostly popular in Asia and Africa, but it is reaching other parts of the world lately. It is an excellent alternative to bank accounts.
Mobile money is safe and simple to use. You can use it anywhere, if you have a phone signal.
In Kenya, there are four big mobile money services providers: Safaricom, Airtel, Essar Telecom and Telkom Kenya (TKL-Orange).
If you intend to use mobile money in Kenya, you should know that mobile money is provided by your telephone operator regardless of your package (prepaid or monthly payment).
Here are some of the largest mobile money services in Kenya:
- Airtel Kenya, a subsidiary of Airtel Africa, is the second largest telecommunications services provider in Kenya. It has an estimated 16.2 million subscribers of the total 59.8 million subscribers in the Kenyan market equivalent to 27.2% market share.
- Mpesa Kenya is a mobile money transfer service launched in 2007 by Vodafone Group plc and Safaricom, the largest mobile network operator in Kenya. By 2012, a stock of about 17 million M-Pesa accounts had been registered in Kenya.
- Equitel it is a mobile virtual network operator in Kenya. It is a wholly owned subsidiary of Equity Group Holdings and is using the Airtel Kenya network as its carrier.
Mobile money Kenya: how it works
Mobile money services in Kenya are owned by either a mobile operator, or a financial organization like a bank. You can send and receive money 24h/7. If you want to send mobile money transfer to Kenya, make sure to follow these steps:
1- Ask for the receiver’s account number. It is generally their phone number.
2- Ask for their operator mobile money service. To send mobile money transfer to Kenya, there’s services like Airtel, Equitel, M-Pesa etc.
3- Send money and pay
4- The receiver gets the money directly in their mobile account. They are notified in their phone once the money is received.
Send mobile money on an Airtel wallet
Let’s say you want to make a mobile money transfer in Kenya, then you need to check if you are an Airtel consumer. Creating an Airtel needs this condition. In addition to this, you need to have an ID card or ID paper. To create your Airtel account, you need a smartphone or a computer to use the Airtel mobile money app or join the website on the internet.
Here are the steps to follow:
1. Open your Airtel app on your smartphone (you can also go to the website)
2. Inform your mobile number
3. Choose the ID proof you want to use in order to identify
4. Enter the ID document regarding the one you chose
5. Verify OTP (Airtel Kenya mobile money code)
Send mobile money on a Mpesa wallet
You can transfer mobile money to Kenya thanks to a Mobile Money account. Here are the steps to do so via Worldremit:
- Choose the ‘Mobile Money Transfer’ service from the options in the blue ‘Send to’ box on a Worldremit page
- Enter the amount of money you want to send
- You’ll get informed about the fee that applies and the exchange rate you’ll receive
- Enter the information of the M-PESA account
- Pay online
- You and your recipient will receive an SMS and email notifications when the transfer is made
Send mobile money on an Equitel wallet
To send mobile money to Kenya via Equitel, then you need to follow the same steps as cited above.
Need to send money abroad?
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Your first transfer is free!
Send mobile money in Kenya fast and free with Monisnap
In addition to the solutions that we talked about, there’s Monisnap! It is a much easier way to transfer mobile money to Kenya and to more than 100 countries.
Monisnap is an alternative way to transfer your money whenever you want. You can send mobile money to Kenya using the Monisnap app. It is a safe and simple way to send money to any person in the world, no matter which operator they use.To send mobile money to Kenya using Monisnap, it will cost you only 0.99 pounds. The first transfert is free!
⚡️ What is mobile money?
Mobile money enables you to store, send and receive money using your mobile phone. Simply by using your phone or tablet, you can make financial transactions in over 80 countries.
💡 What are the largest mobile money service operators in Kenya?
In Kenya, there are four big mobile money services providers: Safaricom Ltd, Airtel Networks Kenya Ltd, Essar Telecom Kenya Ltd and Telkom Kenya Ltd (TKL-Orange).
💰 How can I send mobile money to Kenya?
If you want to send mobile money transfer to Kenya, make sure to follow these steps:
1- Ask for the receiver’s account number. It is generally their phone number.
2- Ask for their operator mobile money service. To send mobile money transfer to Kenya, there’s services like Airtel, Equitel, M-Pesa etc.
3- Send money and pay
4- The receiver gets the money directly in their mobile account. They are notified in their phone once the money is received.
💸 How much will it cost to send mobile money via Monisnap?
To send money to Uganda via mobile using Monisnap, it will cost you only 0.99 pounds. The first transfert is free!