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M-Pesa vs PayPay
M-Pesa and PayPay are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on M-Pesa and $1,000 on PayPay, before withdrawal or currency-conversion costs.
Updated · from each platform’s published fees and payout terms · how we verify
Key differences
- On a $1,000 payment you keep about $1,000 on M-Pesa and $1,000 on PayPay, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer. Only M-Pesa offers Cash agents.
- M-Pesa is the older platform — founded in 2007, 11 years before PayPay (2018).
- M-Pesa is based in Kenya, PayPay in Japan.
Which should you choose?
Choose M-Pesa if…
- You want to withdraw via Cash agents.
- You prefer a long track record (since 2007).
Side by side
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M-Pesa
The mobile money system that runs East Africa - anyone with a SIM card can receive payments, and small busines…
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PayPay
Receive and hold payments on Japan dominant QR wallet.
Visit
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|---|---|---|
| Type | Payment receiving like Payoneer | Payment receiving like Payoneer |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | No | Yes |
| Fees | Free deposits, tiered P2P and agent withdrawal fees | Free P2P, bank withdrawal 100 JPY |
| Withdraw via | Cash agents, Bank transfer | Bank transfer to Japanese account |
| Availability | Kenya + 7 African markets | Japan |
| Local to | Kenya, Tanzania | Japan |
| Founded | 2007 | 2018 |
| Headquarters | Nairobi, Kenya | Tokyo, Japan |
| Popularity | 54 views · 0 likes | 53 views · 0 likes |
Frequently asked questions
Which is cheaper, M-Pesa or PayPay?
On a $1,000 payment you keep about $1,000 on M-Pesa and $1,000 on PayPay, before withdrawal or currency-conversion costs.
Where are M-Pesa and PayPay available?
M-Pesa: Kenya + 7 African markets. PayPay: Japan.