M-Pesa users can send cash direct to China’s WeChat users

M-Pesa users can send cash direct to China’s WeChat users

Photo source: NMG

M-Pesa users are now able to send money instantly to users of China’s largest payment and social media application, WeChat.
The partnership between Family Bank Limited and London-based financial technology firm SimbaPay will enable the 23,946,174 active M-Pesa users in Kenya to send money to over 1 billion active WeChat subscribers in China.
To send the money, Kenyans will use an M-Pesa Paybill number belonging to Family Bank and enter the phone number of the recipient in China as the account number. The recipient will then access the money on their mobile wallet.