How it Works?
- Users register for mobile money services with their mobile phone numbers.
- They can deposit and withdraw cash through a vast network of mobile money agents.
- Send and receive money to other users instantly.
- Pay bills, purchase airtime, and even access micro-loans and savings accounts.
Payment Method type
Users can use the below payment method type to create a transaction using mobile money in the available geography:- Kenya:
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Functionality
| Functionality | Yes/No | Description |
|---|---|---|
| Refund Support | ||
| Full Refund | ✅ | |
| Partial Refund | ✅ | |
| Generally Available | ✅ | Onboarding approval required. Usual SLA is 1 week. |
| Disputes and Chargebacks | ❌ |
Limits and Expiration
The following is the upper and lower limits for Mobile Money transactions:- Minimum Limit: USD 0.5
- Maximum Limit: USD 1098