M-Pesa logo

M-Pesa

by Vodacom M-Pesa · Since 2007
No reviews yet
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 tierN/A
Free trialN/A
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

Pros
  • 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
Cons
  • 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

No reviews yet

Be the first to drop a review

Alternatives to M-Pesa

WebPay logo

WebPay

WebPay is a payment gateway software from WebPay that provides a full-featured solution for processing…

Verifi Global Payment Gateway logo

Verifi Global Payment Gateway

Verifi Global Payment Gateway is a payment processing platform from Visa that provides secure transaction…

Vella logo

Vella

Vella is a multi-currency banking software from Vella Finance that provides a convenient banking use.…

Moniepoint logo

Moniepoint

4.3(4)

Moniepoint is a financial management software from Moniepoint Microfinance Bank that supports small business transactions.…

Chargeback logo

Chargeback

Chargeback is an automated chargeback prevention service that alerts merchants to incoming disputes, allowing for…

Zynk logo

Zynk

Zynk is a payment infrastructure platform from Zynk that enables businesses to make global payments…

Spot something wrong or outdated?

Suggest a correction — a reviewer verifies every change.

Often compared with M-Pesa

Compare any two tools →
WebPay logo
WebPay
eCommerce
0.0
Verifi Global Payment Gateway logo
Verifi Global Payment Gateway
Payment Gateway
0.0
Vella logo
Vella
Treasury Management
0.0
Moniepoint logo
Moniepoint
Point of Sale
4.3 (4)