How to Send Money Directly to M-PESA accounts in Kenya

M-PESA, a mashup of the Swahili terms for "mobile" and "money," was introduced in Kenya by Vodafone's Kenyan partner, Safaricom, in 2007. It pioneered a new concept by allowing customers to hold and transfer money using their mobile phones, eliminating the need for traditional banking infrastructure. This achievement was critical in areas where access to banking services was limited, thereby putting financial services at millions' fingertips.

Since M-PESA has made a substantial contribution to financial inclusion in Kenya, the question is; how do people outside of Kenya send money into M-PESA accounts without spending so much on fees? Remember, it’s supposed to be advantageous to the unbanked. Therefore, if the unbanked need to receive money in their M-PESA accounts, there should also be a seamless solution. Without the need to sweat it, the solution is Bitnob. 

Now, suppose you are a business owner who wants to patronize a vendor in Kenya, a tourist who needs to make payments to vendors, or tour guides in Kenya, or an individual who needs to send money home to loved ones. In that case, we will walk you through a step-by-step guide on how you can use Bitnob to send money into M-PESA accounts in Kenya. Let’s roll!

How To Send Money To M-PESA in Kenya with Bitnob

On Bitnob, you can send money to local bank accounts or MoMo Wallets within several African countries. This is to help individuals and businesses easily send money for personal and commercial reasons. But for now, let’s focus on how you can send money to M-PESA accounts in Kenya using Bitnob. The first step is to download Bitnob, fund your wallet, get verified, and proceed to these easy steps below; 

• Tap on the “Transfer” button on the Quick Links section of the homepage

• Tap on “Transfer to Bank or Momo”

• Tap on “Change currency” to switch the currency to Kenyan Shillings [KES] 

• Fill out the amount you’d like to transfer, then tap on “Continue” 
   
• Select M-PESA as the mobile money provider and fill out the details of the account you want to send money to. If this person would be someone you intend to send money to often, then tap on “Save as beneficiary” to make the person a beneficiary. 

• Tap on “Proceed to Transaction Note” to add a note on the transaction.

• Review the transaction summary and then tap on “Proceed” to initiate payment to the account or mobile money wallet.   

However, you might be wondering; how much it costs to make quick transfers to M-PESA accounts with Bitnob. You can easily check the fee structure here to see how affordable it is compared to traditional methods.

What Else can you do with Bitnob in Kenya?

Bitnob offers more than just the ability to send money to M-PESA accounts in Kenya. With Bitnob's presence in Kenya, users can fully explore all the features of the app without any limitations. You can fund, transfer, and withdraw from your wallets using Mobile money merchants like M-PESA, TKASH, and Airtel Money, making it convenient for you to use your money across Africa.

Moreover, you can create virtual dollar cards to shop seamlessly online, buy, sell, and save bitcoin, purchase gift cards, and top up your airtime and data in Kenya.

Ready to try the best app that makes using your money easier in Africa? Download Bitnob to get started.