M-Pesa logo

M-Pesa

by Vodacom M-Pesa · Since 2007
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Active1+ countriesCloud
Quick facts
VendorVodacom M-Pesa
Year launched2007
StatusActive
LocationEdifício Vodacom, Rua dos Desportistas, Nº 649 Maputo, Moçambique, Maputo, Mozambique
Countries served1+
Languages1
Integrations1+
Free tier
Free trial
Contact salesYES

About M-Pesa

M-Pesa is a mobile financial service platform from Vodacom M-Pesa that allows users in Mozambique to receive, transfer, and withdraw money, as well as make payments in various establishments. It provides features such as money transfers, bill payments, and merchant payments so that users can manage their finances conveniently. M-Pesa also supports personal and business accounts, making it accessible for individual users and businesses alike. The platform includes a network of agents and provides a reliable way to handle financial transactions. Key capabilities: money transfers bill payments merchant payments agent network account management Best for: individuals and businesses that need efficient mobile financial solutions.

M-PESA Vodacom is a pioneering mobile money platform that has transformed financial accessibility across Africa. Launched in 2007, it provides users with a secure and convenient way to transfer money, pay bills, buy airtime, and conduct merchant payments directly from their mobile phones. Its integration with banks and extensive agent network ensures that both urban and rural users can deposit and withdraw cash with ease. The platform also offers microloans and savings products, enabling financial inclusion for underserved communities. M-PESA’s strengths include its speed, security, and extensive reach, making it a trusted tool for individuals and businesses alike. However, reliance on mobile network coverage and transaction fees can pose limitations, particularly for frequent small-scale users. Despite this, M-PESA remains a benchmark in mobile financial services, combining simplicity, functionality, and widespread adoption to deliver a powerful solution for cashless transactions across multiple countries.

Pros & Cons

What users like
  • +Allows instant and secure peer-to-peer money transfers across mobile networks with minimal setup
  • +Supports diverse financial services including loans, savings, and bill payments from one platform
  • +Enables merchants to accept cashless payments efficiently, improving business operations
  • +Facilitates cross-border remittances at competitive rates to multiple countries in Africa
  • +Offers extensive agent network for convenient cash-in and cash-out services for users
What users flag
  • Dependent on mobile network coverage, limiting functionality in remote or rural areas
  • International transfers are only available to select supported countries, restricting global use
  • Some users report technical issues during high-traffic periods causing delays in transfers
  • Limited in-app financial planning tools and budgeting features compared to full banking apps

Features

Key features

Send Money
Instantly transfer funds between users securely
Pay Bills
Pay utilities, school fees, and other service providers directly from the app
Buy Airtime
Purchase mobile airtime for self or others
Merchant Payments
Make payments at partner shops and businesses
International Transfers
Send money across borders to supported countries
Savings & Loans
Access microloans and mobile-based savings options

Additional features

Transaction History
View all past transactions and receipts
Balance Inquiry
Check account balance in real-time
QR Payments
Scan QR codes for merchant payments
Withdraw Cash
Access funds at agents or ATMs
Customer Support
Contact support via app, phone, or SMS
Notifications
Get alerts for transactions, payments, and promotions
Agent Network
Locate nearby M-PESA agents for deposits or withdrawals
Integration with Banks
Link M-PESA account with local banks for transfers
Mobile Banking
Access account management features from the app
Security Features
PIN protection, two-factor authentication, and encrypted transactions

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

African countries

Interface languages

English

Billing currencies

🇺🇸USD

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