How To Send Money From Kenya To Tanzania With Yellow Pay

Sending money across country borders has evolved over the years from expensive bank transfers to some of the cheapest methods we will discuss in this article. 

According to Remitscope, Kenya's cross-border payments have increased as of 2020, receiving over $3 billion, which shows opportunities for more cross-border payments. Amidst these opportunities are problems of huge transfer costs, slow transfer speeds, and bottlenecks seen during cross-border payments.

This article reveals a game-changing solution called "Yellow Pay." Discover how you can instantly send money from Kenya to Tanzania and across African borders at zero cost using Yellow Pay.

Best way to send money from Kenya to Tanzania: Using Yellow Pay

Yellow Pay is yet another step toward financial inclusion in Africa. Yellow Card, as the parent company, has introduced Yellow Pay to simplify fund transfers, but it also opens up the continent to more investment, cross-border trade, and final access.

Of the many reasons to use Yellow Pay, such as faster payment and local currency, the zero transaction fee option makes Yellow Pay the most unique. 

As the cheapest way to send money in Kenya, Yellow Pay allows you to make payments in your local currency and receive payments in your local currency from over 16 African countries, where Yellow Pay is available for free. 

How To Send Money From Kenya to Tanzania Using Yellow Pay

Yellow Pay has made it possible to easily send money from Kenya to Tanzania at zero cost. To send money from Kenya on Yellow Pay, follow these simple steps:

• Login to your Yellow Card account.
• On the homepage, select “Pay” then “Send.”
• Select the country code, enter the recipient's phone number, and tap “Check phone number”. 

If the person isn’t a Yellow Card verified user, you can invite them to open a Yellow Card account. However, you can send them the money with their phone number. 

• Enter the amount you would like to send. You will also see the amount they will receive in their local currency. 
• Select the reason for sending, then tap “Next” to continue.
• Review the transaction details, then “confirm” if everything is in order. 
• Money sent! Your recipient will receive a text message with the amount sent. As you successfully send money from Kenya to your recipient in Tanzania, the amount shows in the Yellow Pay account in Kenyan Shillings.

If the person you send the money to isn't a Yellow Card customer, they receive a notification to signup and receive the money. The amount will be refunded to your account if they don’t sign up within 7 days.

Read Also: 5 Reasons Why You Should Save In Dollar

How to Receive Money and Withdraw in Tanzania with Yellow Pay

Yellow Pay allows you to also request money from your friends and family. You can easily make a request and receive money in Tanzania. All you have to do is click on the “request” button, add the sender’s number, and the sender receives a custom message allowing them to send you money instantly. 

Here’s how to receive money with Yellow Pay:

1. Log in on Yellow Card. Sign up on the platform if you received money but are not a Yellow Card customer.  

NB: Sign up only with the registered number the sender used when setting up your account. Once you sign up and verify your account, you’ll see the amount reflected in your account in your local currency.

1. You can withdraw your money on Yellow Card directly into your account through a standard bank transfer or Mobile Money. From your dashboard, go to your TZS balance wallet and choose the amount to withdraw.

To withdraw with a bank transfer, enter your bank account details and send them. 

To withdraw with mobile money, follow these steps:

• From your dashboard, select withdraw.
• Select Bank Account
• Enter the amount you wish to withdraw.
• Enter your MOMO mobile phone number as the Account Number 
• Confirm the withdrawal details and input your 4-digit PIN.
• Your money will be sent to your mobile number within 12 hours.

Remember, the money in your account is yours, and you can choose to hold it in the account or withdraw it instantly at any time of your choice. 

Why Should You Use Yellow Pay?

You’re probably too familiar with the often outrageous cost of sending money from Kenya. Doing money transfers from Kenya across Africa and to Tanzania using a credit card was a less expensive option than direct bank transfers, which are more expensive. 

Yellow Pay took it a step further by making it free. Yellow Pay is your solution for more accessible and cheaper payments in Kenya, Tanzania, and the 14 other countries in Africa where the company exists.

As a feature of the Yellow Card company, it continues to prove innovative. Yellow Card is trusted by over 1 million people in Africa who have signed up on the platform. If you’re looking for a way to send money across Africa, use Yellow Pay today.

Send money to your loved ones in Tanzania

Disclaimer: Yellow Pay uses Yellow Card’s crypto exchange platform to complete customer transactions in USDT. Yellow Pay is not a money remittance or foreign currency exchange service