The problem with traditional money transfers
Sending money to a loved one in Senegal via a traditional transfer agency often involves: sending fees, a trip to an agency to withdraw the funds on the recipient's end, and a delay before the money is actually available.
What changes with Kodo
With Kodo, you don't transfer money "in general": you pay directly for the service your loved one needs: their bill, their top-up, their Woyofal credit.
| Traditional money transfer | Kodo | |
|---|---|---|
| Trip to an agency | Often required on the recipient's end | None |
| Time to availability | Variable (minutes to hours) | Instant |
| Risk of funds being misused | Yes (cash) | No (targeted payment) |
| Spending tracking | Limited | Detailed receipt in the app |
Why it's safer
You know exactly what your money is used for: the electricity bill is paid, the credit is loaded. No risk of the funds being used for anything other than what you sent them for.
You also earn Kodo points on every payment. See How does the golden rule work: 100 FCFA = 1 Kodo Point?