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Last Update May 25th, 2020. M-Pesa is Africa’s leading mobile phone-centered payment network.

M-Pesa is also a popular method of payment for buying and selling bitcoin in large amounts.

If you are buying or trading bitcoin in high volumes with M-Pesa our recommendation is to use Paxful for your trading needs.

How To Buy Bitcoin With M-Pesa

Paxful

Paxful Homepage

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Paxful gives vendors the ability to create offers in all currencies.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

What Is M-Pesa?

Introduced in 2007 by Safaricom and Vodafone in Kenya, M-Pesa is a mobile-centered financial services network that gives customers access to an online wallet with withdrawals, deposits, transfers, micro-financing, and payments allowed. M-Pesa is one of the most popular payment methods in Kenya.

The M-Pesa app is available for smartphones in major countries on both iOS and Android devices.

How M-Pesa Works

Where Is M-Pesa Supported?

There are active M-Pesa agents located in Congo, Egypt, Ghana, Kenya, Lesotho, Mozambique, and Tanzania. The M-Pesa service has also been a catalyst for growth in countries like Afghanistan, India, and Romania.