How Eastpesa is changing lives.

That Monday afternoon, we sat in the boardroom and this idea popped up. The big question we all  were trying to answer was “How can we impact lives”. With changing technology, life on this side of the Sahara can be a bit hard because trying to fit in is not easy. So we reasoned, ‘how about providing a platform where people can send and receive money within the region?’ An entire afternoon of brainstorming had finally yielded fruit and the only thing remaining was implementation.

How then was this service going to change lives? A new service in the market that is entitled to create an impact should have that rare factor that other services don’t. Eastpesa basically allows you to send and receive money to any number within the East Africa region (Kenya, Uganda & Tanzania). International remittances via mobile money has immense potential to significantly drive down costs for customers, as well as to provide valuable indirect benefits:

International mobile money transfer services provide a wide range of options for customers:

Mobile money based international remittances is showing promising signs of growth. Mobile money transfer is less tedious and easy to use: the growth is marked by constantly increasing numbers of people registering to use this type of service. Mobile money is also offering compelling partnership opportunities for other organizations seeking to enhance their service offerings. We have partnered with Airtel money, Mpesa, MTN, Tigo to ensure a broad and efficient experience to customers. We are offering instant online transfers to mobile money accounts and providing an attractive alternative to traditional cash-to-cash models.

Sending and receiving remittances is made possible by Eastpesa:

For migrants and their families back home, using mobile money for remittances has key advantages, including time and cost-savings associated with sending or collecting money.

Eastpesa reduces security concerns associated with carrying cash.

There is no way you will walk around with huge sums of money in search of a bank or a money transfer company with the presence of our service. We ensure that sending and receiving of remittances rules out the possibilities of theft. Further, if recipients need to cash-out a certain portion of their money, they can travel to an agent to withdraw money.