M-PESA

pmt_mpesa
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M-PESA links mobile-money balances with agents, merchants and billers across African markets. Launched in Kenya in 2007, it lets people send funds, pay businesses and withdraw cash using phone-based instructions, with local services shaped by each country’s operating business.

Use cases:
Initiation:
Users
49M
Markets
6
TPV
$19B
Transactions
3.9B

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

Schemes

Compliance

Standards