M-Pesa is one of the most popular online payment methods for Kenyan punters – read on to find out more about M-Pesa and learn how to make safe real money deposits using this mobile payment service at the best online casinos on the Web.
Best real money casino sites
|#1||BonusClaim up to $3,000 in bonuses||
||Join Us||> Review|
What is M-Pesa?
M-Pesa is a mobile payment service that allows users to transfer cash using their mobile phones, even if you don’t have or only have limited access to a bank account. Run by mobile telecommunications giant Vodafone, M-Pesa was launched in 2007 under Kenya’s Vodafone partner, Safaricom. Since its launch, M-Pesa has become one of the world’s most successful money transfer services, processing over 614 million transactions each month to more than 29.5 million users.
The service is designed to enable customers to safely and securely send, receive and store money via mobile, helping to reduce the risk of street robbery and petty theft in cash-based economies. M-Pesa allows users to deposit and withdraw money, transfer money to others, pay bills, transfer money to bank accounts, and purchase mobile air-time. Although it is available in multiple countries, M-Pesa is most popular in Kenya where it has become a common payment method of choice for online gambling sites accepting Kenyan players.
How does M-Pesa work?
If you live in a country where M-Pesa is available, you can use this service by registering for an M-Pesa account at an authorised agency, which is usually a mobile phone store or retailer. Using the agent, you deposit cash in exchange for digital money, which can then be transferred to friends, family or businesses. Once you’ve registered your deposit, all transactions are secured with a unique PIN number and both parties will receive a text message confirming the amount of money that has been transferred. The recipient can then visit another M-Pesa agent where they redeem the digital money for cash.
How to deposit real money using M-Pesa
If you find an online casino or betting site that accepts deposits using M-Pesa, the transaction process will require you to visit your local M-Pesa agent and make a cash deposit for the amount you wish to spend. To will need to provide some personal information, including your mobile phone number. Once you have loaded funds to your M-Pesa account, the online casino deposit process will look something like this:
- Go to M-Pesa menu on your mobile phone
- Select pay bill
- Enter the business number provided by your chosen online casino
- Enter your online casino account number or username
- Enter the amount you want to deposit, with no commas
- Enter your M-Pesa pin number and press send
- You will receive an SMS from the casino confirming the transaction
The process may vary slightly depending on the online casino you are playing at, so always make sure to check the terms and conditions at the casino first or use the live chat function to get the M-Pesa payment details from the casino’s customer service team.
Who can use M-Pesa?
M-Pesa is available in 10 different countries: Albania, the Democratic Republic of Congo, Egypt, Ghana, India, Kenya, Lesotho, Mozambique, Romania and Tanzania.
If you live in any of these countries, you will be able to visit an M-Pesa agent and make a cash deposit, but be aware that just because M-Pesa is available in your country, it doesn’t mean you will be able to use it to deposit to online casinos. Whether you can use M-Pesa depends on the online gambling laws in your country and the payment methods accepted by the casino vendor in question.
M-Pesa deposit fees
Unlike traditional online payment methods like credit cards, debit cards, bank transfers or even e-Wallets which are free to use for online casino deposits, M-Pesa deposits come with some transaction fees attached. The transaction charge depends on the amount of your deposit and whether the online casino vendor you are paying is a registered user of the M-Pesa service.
Is it safe to deposit online using M-Pesa?
One of the major drawcards of using the M-Pesa mobile payment service is that deposits are safe and secure, allowing players to deposit money quickly to their accounts without worrying about fraud, hackers or any other issue. The payment is processed entirely offline, eliminating the chance of your payment being intercepted by an unauthorised third party.