M-Pesa in Ethiopia: overview
M-Pesa (Mobile money) is one of the most used solutions in Ethiopia to open an account. Paiements et transferts mobiles. In this 2026 review, we detail how it works, its fees, security and who it suits. Our rating: 4.6/5.
Key facts
| Type | Mobile money |
| Fees | 1-3% |
| Currency | ETB |
| valorIQ rating | โ โ โ โ ยฝ 4.6 |
How to open an account with M-Pesa
- Sign up: create your account and verify your identity (KYC).
- Fund: top up in ETB via mobile money, transfer or card.
- Use: enjoy your account with ease.
Security and reliability
M-Pesa is selected for its seriousness and reputation among Ethiopianss. Enable two-factor authentication, keep your credentials private and start with small amounts to test the service. Always check the terms and regulation before committing.
M-Pesa vs the alternatives in Ethiopia
M-Pesa is not the only quality option in Ethiopia. Also worth considering: Telebirr (4.7/5), Ecobank (4.1/5), Wise (4.0/5). Compare fees, coverage and reliability before deciding, or use our full comparison in Ethiopia.
Verdict on M-Pesa
With 4.6/5, M-Pesa is a credible option in Ethiopia in 2026. The best choice still depends on your profile: use our free finder to confirm it is the solution best suited to your needs.
Frequently asked questions
Is M-Pesa reliable in Ethiopia?
M-Pesa is a recognised player in Ethiopia, rated 4.6/5 by valorIQ. Always check the terms before committing.
What are M-Pesa's fees?
See the details above. M-Pesa stands out for: Paiements et transferts mobiles.
How do I sign up for M-Pesa in Ethiopia?
Create an account, verify your identity (KYC) and fund via mobile money, transfer or card.