M-Pesa is a mobile money (USSD) wallet widely used in Kenya, Tanzania, and other African markets. Customers fund wallets via agents, bank transfers, or mobile integration, then authorize payments via USSD, SIM toolkit, or app. Merchants receive instant settlement with low fraud risk and broad consumer reach. M-Pesa is vital for cash-light environments, supporting e-commerce, utilities, remittances, and retail payments across East Africa.
