Image Credit: Pages @ bitbillions
Image Credit: Pages @ bitbillions
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Global bitcoin remittance firm Bitwala, earlier last week introduced Bitcoin to M-Pesa transfers in Kenya, Nigeria, Tanzania and Uganda for free of charge in a move the firm says will make money transfers to any part of the world should be simple and convenient.

“At Bitwala, we believe that BTC money transfers to any part of the world should be simple and convenient,” the firm writes in a press statement.

Bitwala says mobile money will provide everyone with the fastest, safest and most affordable way to send and receive money in Kenya, Nigeria, Tanzania and Uganda where many users send money straight from their mobile phones without the need of having a bank account.

Jorg von Minckwitz, CEO of Bitwala, said; “We want to be a part of the mobile money revolution, and we’re stepping it up a notch by enabling anyone to send money to any mobile money account in these selected countries using bitcoins”.

However, there are no reports that show whether the global bitcoin remittance firm is working with the micro-financing service; M-Pesa directly as a partner or with any other mobile mobile money providers.

With over 40 million users in these selected countries, Mobile money paves the way to making easy and affordable money transfers for anyone and Bitwala is set to gain by allowing its customers to make money transfers to mobile money accounts using Bitcoin.

Bitwala to be a part of the mobile money revolution, stepping it up a notch by enabling anyone to send money to any mobile money account in Kenya, Nigeria, Tanzania and Uganda using bitcoins. (GIF courtsey: Bitwala)
Bitwala to be a part of the mobile money revolution, stepping it up a notch by enabling anyone to send money to any mobile money account in Kenya, Nigeria, Tanzania and Uganda using bitcoins. (GIF courtsey: Bitwala)
How to send mobile money using Bitcoin for free
  1. Sign up at Bitwala. If you already have an account, simply log into Bitwala.
  2. Click on Send Money and create a new recipient.
  3. Choose Mobile Money and select the payout currency of your choice.
  4. Enter the recipient details and amount. A Bitwala invoice will pop up at checkout where you can pay in bitcoins.
  5. Go to dashboard to check your payment status once the invoice is paid.

source: Bitwala Newsroom