pesa
2
9.9
- noun
- UK
:
dinero
- Kenya has emerged as a leading player in mobile for development, largely due to the success of the M-PESA mobile payment ecosystem.
- M-PESA
- PESA payments
- PESA transfer
Examples
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Many vendors now accept pesa as mobile payments have become popular in Kenya.
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I think if so, one of the things that in Africa, right, you have a thing called M Pesa, which is cell phone banking.
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The example of M-Pesa or mobile money in Kenya is a case in point.
Blog text (26) -
M-PESA lets people transfer cash using their phones, and is by far the most successful scheme of its type on Earth.
Academic text (2017) -
In Kenya, the innovative banking service M-Pesa has transformed how people transfer money, making it as easy as sending a text message.
Blog text (31) -
He sent money to his family in Tanzania using pesa transferred via his phone.
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Locals prefer to carry pesa instead of cash when shopping at the market.
Synonyms
149
8.6
An informal word for money that people use
1
9.9
An informal word for money
Money that people use to buy things
Informal British word for money, especially cash
How Much
Surface Forms
Etymology
Pesa comes from Swahili pesa, which means 'money' and is similar to the Indian word paisa. That's why people in East African English use pesa to mean 'cash' or everyday money.