https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-2570321291319216
Home Mobile CEO Weekends: M-PESA now in United Arab Emirates

CEO Weekends: M-PESA now in United Arab Emirates

by Susan Mwenesi
7 comments

M-pesaKenya’s money transfer service M-pesa is now in the UAE courtesy to a partnership between Xpress Money and M-pesa that will also rope in residents in the UK for a safe, fast and inexpensive platform of sending money.

With the partnership, residents of the UAEwill send money to Kenya at a fee of at Kshs. 350 while those living in the UK will send money at a fee of Kshs 440.

Betty Mwangi-Thuo, GM for Financial Services, Safaricom said: “Kenya received over Kshs 100 billion in diaspora remittances in 2013 making it Kenya’s fourth largest source of foreign exchange. Safaricom seeks to provide subscribers with cost-effective and innovative systems that save them time and impact lives positively.”

Sudhesh Giriyan, VP and business head, Xpress Money said: “Kenyans are looking for innovative products and services that will make their lives easier and this partnership with Safaricom is a step that direction. Today an Xpress Money customer can just walk into one of our service locations and ask to send money to Kenya using the M-PESA service and their receivers will get the money on their mobile phone with zero hassle.”

The M-PESA service on Xpress Money channels will be rolled out in a phases with UK, UAE,Qatar and Saudi Arabia in the first  phase .

The subsequent phases will have the service going live from other countries under the Xpress Money network and will be concluded by the end of 2014.

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-2570321291319216
%d bloggers like this: