M-PESA Global, Safaricom’s Money Transfer Service Launches in Ethiopia

M-PESA Global, Safaricom’s Money Transfer service launches in Ethiopia to make mobile money transactions from Kenya to Ethiopia.

The launch in Ethiopia makes it possible for M-PESA customers to send and receive money to over 190 countries worldwide.

In a statement, Safaricom Kenya’s Chief Financial Services Officer, Esther Waititu said: “This collaboration resonates with our commitment to deliver innovative financial solutions that cater to the evolving needs of our customers. By making cross-border transfers more accessible, efficient and cost effective, we are empowering individuals and businesses across the region.”

Customers in M-PESA Kenya can now make mobile money transfers to M-PESA Ethiopia via the M-PESA International Remittance.  Through this collaboration, customers in both countries will only require their M-PESA wallets.

This expansion of M-PESA Global to Ethiopia is a significant step towards strengthening financial integration in East Africa and promoting economic growth.

Key beneficiaries of the latest development include, Ethiopians living and working in Kenya, Kenyans living and working in Ethiopia.

Speaking during the signing ceremony, Elsa Muzzolini – Safaricom Ethiopia’s Chief Financial Services Officer stated, “We are thrilled to work with M-PESA Kenya especially at a time of foreign exchange policy reforms made by the National Bank of Ethiopia (NBE) that encourages a growing number of Ethiopian diaspora and business owners are embracing digital payments to send money to their loved ones and fund their operations

“Our M-PESA Ethiopia customers should now be able to receive safe and affordable transfers from M-PESA Kenya thanks to this collaboration, which will further promote the region’s adoption of digital payments. We look forward to a successful collaboration,” she added.

M-Pesa Global was launched in partnership with other money transfer services which include:  Western Union, Skrill, WorldRemit, Xpress Money, MoneyGram among others.

• By dialling *840# >Accept terms and conditions to Opt in > Select send money abroad
• MySafaricom App > Select M-PESA> Select M-PESA Global>Accept terms and conditions to Opt in > Select Send

Download updated M-PESA app version or update current one to access the service. The minimum amount to send is KSHS 101 and maximum of KSHS 70000.

Charges for transactions