What Currency Mobile Money Is Used In Kenya

The local currency in Kenya is the Kenyan Shilling (KES). It is advisable to carry a mix of cash and credit/debit cards, and be aware of exchange rates and availability of ATMs. Besides the Kenyan shilling, no other currency is officially accepted in Kenya.

As the official legal tender in Kenya, the Kenyan shilling is officially recognized by the Kenyan government, meaning you can use it to settle all financial obligations in the country, including paying for goods, services, taxes, and debts.

• Kenyan notes of 50, 100, 200, 500 and 1000

• Kenyan coins of 1 shilling, 5 shillings, 10 shillings, 20 shillings and 40 shillings

Mobile money is a popular way to send and receive money in Kenya. It is a convenient and secure way to make payments without the need for cash or a bank account. 

There are several mobile money providers in Kenya, including:

M-Pesa (Safaricom)

M-Pesa is a mobile money transfer and financial services platform that was launched in Kenya in 2007. It was developed by Safaricom, Kenya's leading telecommunications company, and has since become a widely used and successful mobile payment system not only in Kenya but also in several other countries.

M-Pesa is a convenient and secure way to send and receive money, pay bills, and buy goods and services. It has been credited with helping to increase financial inclusion in Africa and providing a lifeline to millions of people who do not have bank accounts.

M-Pesa's success in Kenya has made it a notable example of how mobile money can revolutionise financial services, particularly in areas with limited banking infrastructure. Its convenience, accessibility, and wide usage have made M-Pesa a critical component of Kenya's financial landscape, contributing to financial inclusion and economic empowerment.

Airtel Money mobile money

Airtel Money is a mobile money transfer and financial services platform offered by Airtel, one of the leading telecommunications companies in Kenya. Here is a summary of key information about Airtel Money.

• Airtel Money is a mobile money service that allows users to deposit and withdraw money, send and receive money, and pay bills using their mobile phones.
• It is available in over 14 countries in Africa, including Kenya, Uganda, Tanzania, Zambia, and Nigeria.
• To use Airtel Money, you need to create an account with Airtel Africa. You can do this by visiting an Airtel shop or authorised agent or by registering online.
• Once you have created an account, you can top up your balance using cash or a bank transfer. You can then use your Airtel Money balance to send and receive money, pay bills, and make purchases.

T-Kash (Telkom Kenya)

T-Kash is a mobile money service offered by Telkom Kenya, one of the leading telecommunications companies in Kenya. Here is a summary of key information about T-Kash:

T-Kash provides a reliable and user-friendly mobile money service, allowing individuals in Kenya to conveniently conduct financial transactions using their mobile phones. Its services support the digitization of financial services and help individuals manage their finances effectively.

To use T-Kash, you need to create an account with Telkom Kenya. You can do this by visiting a Telkom shop or authorised agent or by registering online. Once you have created an account, you can top up your balance using cash or a bank transfer. You can then use your T-Kash balance to send and receive money, pay bills, and make purchases.

Equitel Money (Equitel)

Equitel Money is a mobile money service offered by Equitel, a mobile virtual network operator (MVNO) in Kenya. It allows users to deposit and withdraw money, send and receive money, and pay bills using their mobile phones.

Equitel Money is closely integrated with Equity Bank, allowing users to link their accounts and access additional banking services. The service can be accessed through USSD codes, a mobile app, and internet banking platforms. Equitel Money contributes to financial inclusion by providing access to financial services for the unbanked and underserved populations. With its emphasis on security, regulatory compliance, and comprehensive service offerings, Equitel Money offers a reliable and user-friendly mobile money solution for individuals in Kenya.

Orange Money (Orange)

Orange Money is a mobile money service offered by Orange, a telecommunications company in Africa and the Middle East. It allows users to deposit and withdraw money, send and receive money, and pay bills using their mobile phones. 

Orange Money contributes to financial inclusion by extending access to financial services, particularly to individuals who are unbanked or underbanked. With its focus on security, ease of use, and extensive service network, Orange Money offers a reliable and efficient mobile money solution for users in Kenya.

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Mobile money has been credited with helping to increase financial inclusion in Kenya. It has made it possible for millions of people who do not have bank accounts to access financial services. Mobile money has also been used to support micro-entrepreneurship and to provide emergency relief during times of crisis.

If you are travelling to Kenya, you may want to consider using mobile money. It is a convenient and secure way to send and receive money. You can also use mobile money to pay for goods and services.