Buy Flights with M-Pesa and Alternative Airlines
What is M-Pesa?
M-Pesa Mobile Wallet is a branchless banking service, allowing transfer methods only through mobile phone devices.
Vodafone M-Pesa is a Mobile Wallet service from Vodafone that offers 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 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.
M-Pesa has since expanded to South Africa, Afghanistan, India, Romania and in 2015, to Albania.
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.
M-Pesa is available in the following countries:
- Democratic Republic of Congo
Note - Users are charged a small fee for sending and withdrawing money using the service.
M-Pesa customers can deposit and withdraw money from a network of agents that includes airtime resellers and retail outlets acting as banking agents.
M-Pesa has become the most succeful mobile-phone based financial service in the developing world, 2010.
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.