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BLOG: Western Union Introduces Mobile Money Transfer

24 July 2012, 07:23 Savvy Kenya

First of all, I know it’s Friday, which is most people’s favorite day. We could do with some cash to go and celebrate with this coming weekend. Personally, I’ll be traveling to Mumias to watch yet another match (it never gets tiring) so anyone up for a random roadtrip, holla.

Western Union has introduced mobile money transfer, where when someone sends you money from abroad, it comes straight to your M-PESA. This means you don’t have to line up at the banks to withdraw your money through the Western Union counter. You can just head to the nearest M-PESA kiosk in your estate and get your cash from there.

The receiver gets a notification on their phone that they have received X amount of money from Y person. The current rates of exchange apply. The receiver is only charged the normal M-PESA transaction service fee when withdrawing, they are not charged to receive.

For more visit Savvy Kenya's blog

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