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Mobile Money Transfers

17 Feb

Mobile money transfer  like mukuru.com allows those without a bank account to transfer funds as quickly and easily as sending a text message.

The most successful of these systems, and the first to operate on a large scale, is M-Pesa, a joint venture between mobile phone giant Vodafone and Kenya’s Safaricom. The M stands for mobile, and Pesa is Swahili for money.

Over 50% of the adult population use the service to send money to far-flung relatives, to pay for shopping, utility bills, or even a night on the tiles and taxi ride home.With Mukuru.com you can use all major cards to make your payments from the convenience of your home and your recipient can collect the money instantly.

 
 

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