What is M-pesa?
M-Pesa Mobile Wallet is a branchless banking service, allowing transfer methods through mobile phone devices. It allows users to deposit, withdraw, transfer money and pay for goods and services easily with a mobile device. Other services include financing and micro-financing. M-Pesa was launched in 2007 by Vodafone for Safaricom and Vodacom, the largest mobile network operators in Kenya and Tanzania.
There is also Vodafone M-Pesa which is a Mobile Wallet service from Vodafone. The services include Money Transfer, Bill & Utility Pay, Merchant payments and Business Solutions (Enterprise Cash Management) enabling instant transfer and receipt of money anytime, from anywhere.
M-Pesa grew to become the most succeful mobile-phone based financial service in the developing world. By 2012, a stock of about 17 million M-Pesa accounts had been registered in Kenya. By June 2016, a total of 7 million M-Pesa accounts have been opened in Tanzania by Vodacom. The service has been lauded for giving millions of people access to the formal financial system and for reducing crime in otherwise largely cash-based societies.
What are the benefits of using M-Pesa for flights?
M-Pesa allows users to:
- Send balances using PIN-secured SMS text messages to other users (including sellers of goods and services)
- Deposit money into an account stored on their cell phones
- Redeem deposits for regular money.
Alternatives to M-Pesa
Alternative Airlines accepts other mobile wallets to buy flights which involve PayPal and PayPal Credit, Google Pay, Apple Pay and Alipay. Alternative Airlines accepts 160 currencies to allow you to pay for flights easily. This can be in, Indian Rupee, USD and more.
Check out all of our payment methods.