Send Money from Anywhere to Kenya via M-Pesa

Finding ways to send and receive money from loved ones and friends has always been a major part of everyone’s lives, and over a long period of time people around the globe have been looking for affordable and secure means to do so in a matter of seconds. In comes the M-Pesa revolution, and suddenly sending and receiving money has never been easier.

Essentially, M-Pesa is a mobile phone-based money transfer service that allows clients and customers to deposit money into an account stored on their cell phones, send balances using PIN-secured text messages to other users, including sellers of goods and services, and to redeem deposits for regular money. Basically, M-Pesa allows one to send and receive money, within a matter of seconds, using a mobile phone in Kenya. This service was launched in 2007 by Vodaphone for Safaricom and Vodacom, the largest mobile network operators in Kenya and Tanzania, and has spread quickly to become the most successful mobile-phone-based financial service in the developing world.

But the revolution has not stopped there. One can now send money to Kenya via M-Pesa from Canada, USA, UK, Europe, and UAE, and Kenyans will receive the money in a matter of seconds. Moreover, it does not cost the recipient a thing when you send them money via M-Pesa. This mobile-enabled money transfer service is possible through the partnership of Safaricom with a number of money transfer services such as KenyaPesa, MoneyGram, Western Union, and Xpress Money, among others.

Safaricom’s innovative M-Pesa International Money Transfer (IMT) service enables customers from across the globe, through partners such as MoneyGram, to send money to their friends and loved ones in Kenya within a matter of seconds, and with a network of more than 80,000 M-PESA agent locations across Kenya, one can virtually cash out these international transfers at the M-PESA agent next door.

So, what exactly is needed for the transaction to occur and how does it work? All the recipient needs in order to access the money sent via M-Pesa to Kenya is a mobile phone, and a Safaricom number that is registered with M-Pesa. The sender however does not need to be a registered M-Pesa user. Senders simply have to identify themselves to the agent and provide the recipient's name, Kenyan mobile number and the amount being sent. Exchange rate conversion to Kenya Shillings is done at the prevailing rate and the money is sent. Recipients are then sent a text message within seconds, and can then collect the money from over 80,000 agents around the country or use it to pay bills, purchase airtime or send money on to other phones within the country.

Over time the M-Pesa IMT service has proven extremely successful and although alternative methods of sending money still work perfectly, M-Pesa remains the ultimate choice for most simply because it is very timely and reliable. If, however the recipients of the money being sent to M-Pesa from abroad is not a registered M-Pesa user, they receive and SMS confirmation of the received funds and are asked to register within 21 days to be able to access the funds. Additionally, and for any assistance on the use of M-Pesa services, one can always call the toll-free number 100 or 0722002100.

All in all, sending money to Kenya via M-Pesa remains one of the greatest innovations in the money transfer business, and it’s just a matter of time before we can witness another revolution allowing mobile phone users to send money abroad via M-Pesa from Kenya.

M-Pesa World Leader in Mobile Money Transfer

Kenya is taking mobile money transfer to a completely new level with M-Pesa. M-Pesa currently offers one of the world-leading mobile money systems. From the name, M-Pesa, M refers to Mobile whereas Pesa is a Swahili term meaning Money. This money system is a product from Safaricom Company. Over the years, M-Pesa has become the most popular money transfer platform in Kenya. With recent development in technology, it has spread its coverage and subscribers can send money to and from different countries in the world. Safaricom has invested a lot in R&D to perfect this platform and ensure fast and easy money transfers.

Source: Safaricom.co.ke

Even more interesting is the ability to make money transfers to other mobile money platforms. The key objectives of M-Pesa Kenya are to make money transfers easier, faster, convenient, as well as efficient. It has been able to reach out to a large population in Kenya with approximately 25% of the country’s gross national product (GDP) flowing through this platform.

What makes M-PESA Kenya the Platform of Choice?

There are several other money transfer platforms in Kenya but it is evident that M-Pesa is gaining popularity in the country. The advancement in technology and Internet services has moved this service into a completely new level over time. The following factors have made this platform reliable, convenient, easy to access, as well as fast.

1. Easy accessibility to agents/ distribution

Nothing beats M-Pesa services in Kenya thanks to the distribution channels it has put in place. You will not need to go far before seeing an agent or a transfer media that will allow you to send or withdraw money. This not only true to major Kenyan urban centers but also to the rural areas where there is little or no infrastructure. By beating its competitors through this tactic, you will find that many users prefer this platform. No matter where you are in the country, you can easily access your money or send family and friends some cash. It has managed to penetrate where mainstream banks have not even though some have been in the market since time memorial. Market wise, M-Pesa has you covered no matter where you are.

2. Offers a wide platform

If you are looking for a platform that will perform several functions at the same time, you will definitely want to work with M-Pesa. Different companies are working with M-Pesa to help subscribers pay bills and also allow businesses accept payments for products and services. Individuals can not only send and receive money but also pay utility bills, shop conveniently without handling cash, as well as top up airtime to their mobile phones. Nobody likes queues; hence the ability to reliably pay bills from the comfort of your home or office is a major plus for M-Pesa subscribers.

3. It has ventured into the international market

M-Pesa Kenya has ventured into the international market and made it possible for users to send and receive money in different countries. It is practically looking to bring Kenyans, even after travelling or immigrating to other countries, closer to home. The process of completing international transfers remains fast and easy without the need of any expertise. This functionality is achieved by partnering with other international remittance businesses like KenyaPesa.

4. Network availability across the country

When looking at the telecommunication service providers in Kenya, Safaricom has managed to ensure that their mobile network coverage spreads across the entire country. This comes in handy in case of emergencies in a country where fixed telephone infrastructure is almost nonexistent. This has led to the increase in numbers of people subscribing to this platform. This translates to more users for the company’s M-Pesa service.

 

Source: Safaricom.co.ke

The above strategies and benefits have made M-Pesa Kenya the preferred mobile money transfer platform in the country. Whether you are looking to send or receive money, pay your bills, or top up your airtime from the comfort of your home or office, this is the platform to work with. It is diverse thus adequately covering the entire country as well as spreading its wings to other countries. Expansion processes have not slowed down and this helps to retain M-Pesa users’ loyalty.

While countries in the west offer streamlined online banking, Kenya offers mobile banking and mobile money transfer called M-Pesa. M-pesa is a life changing technology that will run on any cellular phone. 

What are the Challenges of Sending Money to Kenya Online?

Sending money online has made it convenient and fast for individuals to send money from any country to Kenya. While this avenue has made things easier even for emergencies, it comes with its own challenges. Kenya may have a great online platform and a wide population that is connected but the system does come with certain challenges when sending money to Kenya online. The major aspects to put into consideration will include transaction capabilities, costs, as well as trust.

Technological challenges

Sending money online to Kenya requires the use of technologically advanced equipment as well as the Internet which may at times experience hiccups. Such hiccups cause the money to arrive late or sometimes the transaction may be marked as sent whereas it did not send it. While there are ways to remedy such situations, they lead to inconvenience, frustrated clients and inefficiency in the delivery systems. 

Transaction costs

Every transaction that comes through will definitely incur certain costs depending on the amount you are sending, where you are sending it from, as well as the online platform you opt to use to send the money to Kenya. Using online money transfer platforms like KenyaPesa is meant to minimize costs and making the process convenient and fast for the client. However, the fees incurred on each transaction can make it expensive on the sender.

For individual who make frequent transactions may deem this costly but it will favor individuals who only have to make a few transactions once in a while.

Security

The security of digital money is a major challenge. There are three major concerns in this category: Concerns have been raised over the possible manipulation of the value of e-money, protection against theft, as well as unlawful encounters. Though e-money security is achieved through encryption codes (cryptography), cases of hacking do occur at times. Even with automation, programmers still have to address hacking problems and even though measures are being put in place to address this issue, there is still much more that needs to be done.

Legality and competition of different currencies  

Money that is being transferred across one state to another has to be exchanged from one currency to another. Exchange rates cannot be standardized because they are governed by different legal entities. This has raised challenges as each currency is competing in the market to strengthen its value. The rise and fall of a given currency alters the costs of sending money to Kenya online. On the online platform, different currencies are exchanging hands and ensuring that every rate is ideal for the sender can be a challenge for the money transfer service provider.

The above challenges of sending money to Kenya online tend to cause delays or loss of money. Some are temporary whereas others are continuously being addressed in an effort to boost efficiency. Growth in the Kenyan economy and improved Internet and mobile connectivity platforms has helped address some of the above-mentioned challenges. There is room for improvement and this avenue is becoming a better choice for many Kenyans living abroad.

Have a happy VictoriaDayLongWeekend

The entire KenyaPesa team would like to wish everyone in Canada an awesome VictoriaDayLongWeekend.

Weather man says it's going be a warm weekend, lots of outdoor activities lined up in Ottawa for the entire family to enjoy.

Share some of the fun with loved ones and friends back in Kenya by sending Mpesa online transfer at KenyaPesa and pay $0 in transfer fees on your order. Use the coupon code PESA to claim your discount.

Who What Where is KenyaPesa?

Who?

KenyaPesa is made up of a team of experts whose objective is to assist other people from East Africa who live in the diaspora  support their loved ones back home by sending cash to Kenya via Mpesa, AirTel Money, Bank Deposits and Cash pick Up from our agents in the region.

What?

KenyaPesa is money service business registered in Ontario, Canada. We provide money transfer services from Canada to Kenya.

Where?

KenyaPesa money transfer service is provided online on our website http://www.kenyapesa.com

You can pay for your order using instant transfer provided by INTERAC. It is fast and convenient.

We would like you to test drive our service for FREE. Just register for a free account, create your order, pay and send. We'll deliver the cash within 24 hours guaranteed.

You can reach our to our support team by send an email to support@kenyapesa.com or use the contact form on our website

Start and Run a Start Up under the Canadian Entrepreneur Immigration Program

The Canadian Entrepreneur Immigration program offers individuals an opportunity to immigrate to Canada through business immigration. Canada is offering new start-up visa that is aiming at linking entrepreneurs with the private sector organizations that are working with start-ups.

However, while there are other immigration business programs, this one targets entrepreneurs. The key objective is to provide individuals who have some business experience as entrepreneurs to own and run a business in Canada, which aim at creating employment for Canadian residents. This is expected to contribute positively towards the Canadian economy. 

While it is seeking to boost the country’s economy, it stands to benefit the entrepreneurs, as their immediate families tend to gain citizenship in Canada as permanent resident. This program will settle you in any province in the country except Quebec.

While this program stands to benefit many, it comes with terms and conditions that must be met. Not just every individual in an entrepreneurial business can apply and receive citizenship.  

What do you require to apply for the program?

The following are requirements that qualify you for the program.

• You must demonstrate your business experience showing that you have been able to successfully manage and run a business.
• Already acquired a minimum of $300,000 CDN net worth (legally acquired).
• You must create full time employment to at least one Canadian citizen.
• Meet the selection factors points including education, work experience, age, as well as proficiency in the country’s official languages.

What is the process for application?

Applying for the Canadian entrepreneur immigration program is not a complicated process but it is recommended that you follow each step as required systematically. Before you can apply, you should secure a commitment from a venture capital fund or a Canadian angel investor group who will invest into your business concept. To complete the application:

• Secure a commitment
• Apply for a Start-up Visa
• Apply for Citizenship and Immigration indicating your intention to immigrate through the program.
• You will also have to indicate and prove your ability to communicate in English and/or French. In addition, you must have one-year study at a post-secondary institution.
• Provide results for your medical exam and a police certificate

How long does the Entrepreneur Visa process take?

The time it will take to complete your process will differ depending on how long the verification process will take place.

How much does it cost?

There are different variable that will determine the cost such as number of family members that will be travelling in addition to the processing fee. In addition, you will have to demonstrate your ability to financially sustain yourself as you establish your business.

What do you stand to benefit from the program?

Pros

• There are no conditions attached to how successful your business can be
• You have the support of a strong economic growth in Canada. It is ranked one of the best countries in the G-20 to do business with.
• Its tax rates are among some of the most competitive in the G-7 countries according to KPMG.

Cons

• It is limiting, as it does not just accept every entrepreneur. You must meet the required selection points in the selection factors.

Testimonials:

http://www.canadavisalaw.com/blog/business-immigrants/

http://www.mohawkcollege.ca/business-programs/small-business-entrepreneurship-certificate/testimonials.html

Product Launch Jacking

If you practice online marketing there is really one objective, to share with your prospective buyers of a solution or offer and to produce as a lot of money from the online campaigns as achievable. But your worry is how and where to get that traffic to drive your online marketing campaign so that you can maximize your revenues. The answer is launch jacking, where you have to think forward of the purchasing crowd in a new launch even before the launch itself happens. An affiliate who practices product launch jacking will certainly have his affiliate review web site set up optimized and on the top page of search engines (Google and others) long before the launch day of the product or service. - See more at: http://www.tuwaze.com/Member/Articles.php?ID=138