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M-Pesa partners with TransferTo for international money transfers

The global partnership is intended to makeit faster and easier for consumers and organizations to send money to multiple M-Pesa accounts in real time.

TransferTo, a global mobile money provider, has partnered in a framework agreement with Vodafone Group to enable real-time international money transfers to M-Pesa accounts worldwide.

The global partnership is intended to make it faster and easier for consumers and organizations to send money to multiple M-Pesa accounts in real time, the companies said in a press release.

"We are absolutely thrilled to be partnering with the Vodafone Group to enable more people to benefit from mobile money services," Eric Barbier, CEO of TransferTo, said in a statement. "Mobile money has the power to drive greater financial inclusion globally, transforming the lives of the two billion people who are currently unbanked today. By making it faster and easier for consumers to send money to multiple M-Pesa accounts, we are giving M-Pesa users greater freedom to spend and receive money, while accelerating the growth of mobile money accounts worldwide."