M-Nakfa |
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M-Nakfa is a mobile-money service promoted by Himbol in Eritrea for managing funds and sending money by phone. The African Development Bank highlighted its rollout in 2023 as part of financial reforms, placing mobile payments within efforts to broaden digital financial access.
M-Nakfa |
|---|
M-Nakfa is a mobile-money service promoted by Himbol in Eritrea for managing funds and sending money by phone. The African Development Bank highlighted its rollout in 2023 as part of financial reforms, placing mobile payments within efforts to broaden digital financial access.
Estimated Monthly Usage, Aurato Research, November 2026
Payments are limited to domestic use; customers need an account with the app or wallet. Merchant payment confirmation is instant. It supports merchant purchases and person-to-person transfers; online merchant payments are supported.
M-Nakfa |
|---|
M-Nakfa is a mobile-money service promoted by Himbol in Eritrea for managing funds and sending money by phone. The African Development Bank highlighted its rollout in 2023 as part of financial reforms, placing mobile payments within efforts to broaden digital financial access.
Estimated Monthly Usage, Aurato Research, November 2026
Payments are limited to domestic use; customers need an account with the app or wallet. Merchant payment confirmation is instant. It supports merchant purchases and person-to-person transfers; online merchant payments are supported.
Estimated Monthly Usage, Aurato Research, November 2026
