Sending money from Europe or the US to Kenya’s M-PESA mobile wallet has never been easier. This is all thanks to a partnership between NALA and Safaricom’s M-PESA. NALA is a fintech startup that facilitates remittances from the UK and US to Africa.
Recently, the company launched a new feature that allows the Kenyan diaspora to pay local bills in their home country. They have successfully combined mobile payments and international remittances into one solution. With this new feature, Kenyans in the diaspora can pay bills such as tuition fees in their local currency.
If you have friends or family in Kenya and want to send them money from Europe or the US, here’s how to do it with NALA and M-PESA.
NALA-Send Money from EU/US to Kenya on M-PESA
Step 1: Download the NALA app
The first step is to download the NALA app from the App Store or Google Play Store. The service is now available in 20 countries, including the US, the UK, and 18 other Eurozone nations.
Step 2: Sign up for an account
To sign up, you will need to provide some personal details such as your name, email address, and phone number. You will also need to verify your identity by providing a photo of your ID or passport and taking a selfie.
Step 3: Link your bank account or debit card
To send money to M-PESA in Kenya, you need to link your bank account or debit card to your NALA account. NALA supports most major debit and credit cards, including Visa, MasterCard, and American Express. You can also link your bank account by providing your account and routing number.
Step 4: Enter the recipient’s details
Once you have linked your bank account or debit card, you can enter the recipient’s details. To send money to M-PESA in Kenya, you will need to enter the recipient’s phone number, the amount you want to send, and the currency. NALA supports multiple currencies, including the Kenyan Shilling, the US Dollar, the Euro, and the British Pound.
Step 5: Confirm and send the payment
NALA will deduct the amount from your linked bank account or debit card and send the money to the recipient’s M-PESA mobile wallet in Kenya. The recipient can withdraw the money from their M-PESA account by visiting an M-PESA agent or using their M-PESA Visa card.