MTN Rwanda inks money transfer deal with Safaricom

Money Transfer

MTN Rwanda said it has opened its corridor with Kenyan operator Safaricom to let MTN Mobile Money and M-Pesa users send and receive money between the two countries. This comes just a month after the company introduced cross-border transactions between MTN Rwanda and MTN Uganda. MTN Rwanda CEO Gunter Engling said that the service will enable convenient and affordable regional remittances.

To send money to Uganda or Kenya, MTN Rwanda customers should dial star 830 hash from their handsets and follow prompts. They will dial star 182 hash and go to Pending Approvals. Upon sending they will receive a confirmation message that the transaction has gone through. On the receiver's side however, Safaricom has a transaction limit for its M-Pesa users, which is the equivalent of KES 70,000.
Source: Telecompaper  15 Ocotber 2015