7 Safe Ways to Withdraw Online Cash in Kenya

Guide to freelancing

The rapid advancement in digital technology has created many job opportunities for Kenyan freelancers to earn money online. According to the National Study on Digital and Digitally Enabled Work in Kenya, at least 1.2 million Kenyans work online, earning an average of Sh20,773 per month. Therefore, there is a need for safe ways to withdraw online cash in Kenya. 

If you’re interested in online work, you might wonder: “How can you withdraw online cash in Kenya?” This comprehensive guide explores the safe ways to withdraw online cash in Kenya. 

The Most Safe Ways to Withdraw Online Cash in Kenya

1. Skrill


Skrill is a popular choice and one of the safe ways to withdraw online cash in Kenya. It offers a straightforward platform with various withdrawal options, including bank transfers, mobile wallets, and cryptocurrencies.

Skrill was known for its speed in the past, but it has faced some delays and errors recently. Nevertheless, it remains a reliable option.

To start, create a Skrill account and link your card and bank account. You’ll also need your bank’s SWIFT code. After verifications, you can add your M-PESA number for quicker withdrawals, often within an hour.

2. M-Pesa

Safe ways to withdraw online cash in Kenya: Mpesa

M-Pesa is a mobile phone-based money transfer service that has gained popularity in several countries, including Kenya. As a result, some freelancing sites, such as Upwork, have integrated M-Pesa as a payment option since 2017.

For example, in 2021, when I started working online, I opened an Upwork account where I got international clients. The clients used to pay in US dollars, but I would withdraw the cash to my Mpesa in Kenya Shilling. The good news is I could get my cash within 10 minutes after initiating the withdrawal on Upwork. 

While the exchange rates may not always be the best, the transfer speed is impressive, with funds typically arriving within minutes to hours. However, for better rates, you might consider withdrawing from freelancing sites to PayPal and then transferring to M-PESA.

3. Safe Ways to Withdraw Online Cash in Kenya: Payoneer


Payoneer is also among the best ways to withdraw online cash in Kenya. It’s widely accepted on freelancing platforms like Upwork, PeoplePerHour, and Fiverr. It’s a straightforward process.

I also use Payoneer to get my money from the books I have published in Amazon KDP. 

To withdraw, visit your chosen freelancing platform and select Payoneer. After the funds transfer, you can choose “Immediate Load” for automatic loading, which comes at a cost, or “Standard Load” for more cost-effective loading, which takes around two days.

Once loaded, you can withdraw from outlets like Absa, Stanbic, and KCB. Payoneer also offers a Global Payment Service for international payments, and you can transfer funds to your bank account at no extra cost, typically taking a day.

4. Safe Ways to Withdraw Online Cash in Kenya: PayPal


PayPal is a globally recognized payment system that is widely used due to its convenience and security. Therefore, you can consider PayPal as one of the safe ways to withdraw online cash in Kenya.

I have received lots of cash with my PayPal account from my international clients. I have always used the PayPal to Mpesa option, or sometimes PayPal to Equity Bank.

With PayPal, you can transfer the funds to your M-PESA account. However, the transfer duration ranges from a few minutes to a couple of days, depending on the amount involved.

Alternatively, you can withdraw from PayPal to Equity Bank, which typically takes a day. It’s always wise to explore alternatives to PayPal for better rates or faster transfer times.

5. Safe Ways to Withdraw Online Cash in Kenya: Bank Transfer

Some popular freelancing platforms, including Upwork and Fiverr, offer direct bank transfers as a withdrawal option. In addition, this method has funds usually arriving within hours or up to three days. However, in some cases, it can be even quicker. To facilitate a bank transfer, you’ll need essential details like the “SWIFT code” and “bank code” of your bank.

6. Wise (Formerly TransferWise)

Safe ways to withdraw online cash in Kenya: Wise

While Wise doesn’t support withdrawals from freelancing sites directly, it’s an excellent option for receiving payments from direct clients. Wise is one of the safe ways to withdraw online cash in Kenya.

In addition, Wise is known for its competitive exchange rates and speedy transfers. Depending on your preferred payout method—whether a bank account or M-PESA—you’ll need to provide specific details to your direct clients.

7. Safe Ways to Withdraw Online Cash in Kenya: Paxful

Safe ways to withdraw online cash in Kenya

As cryptocurrency grows in popularity, consider suggesting your clients pay you in cryptocurrency, like Bitcoin. You can then sell these on a Bitcoin marketplace such as Paxful.

This method offers you control over what you receive and fewer limitations than traditional payment methods. After receiving bitcoins in your Paxful wallet, you can sell them to a buyer offering great rates.

Always ensure that you receive payment before releasing bitcoins to avoid being conned. 

How to Keep Your Online Cash Safe in Kenya

When you make money online in Kenya, you should ensure to keep it safe from scammers and fraudsters. Since you have ways to withdraw online cash in Kenya, you should ensure you take the necessary steps for safety.  Here are 6 tips to protect your online earnings:

  1. Use two-factor authentication (2FA): 2FA is a powerful security feature provided by many online platforms. It acts as an additional lock for your account, making it more difficult for unauthorized users to access your online cash. You can link your 2FA with your phone number to ensure you get an OTP or authenticator code before logging in to your online payment methods. 
  2. Beware of phishing attempts: Phishing is a typical online scam in which fraudsters attempt to mislead you into disclosing your login information and sensitive information. Always double-check web addresses and never provide critical information such as passwords or personal information over email or anywhere else.
  3. Keep your software updated: Regularly updating your digital tools, like your computer and smartphone, can help patch security holes and keep potential digital intruders at bay.
  4. Regularly monitor your accounts: Regularly checking your financial accounts and transactions can help you spot suspicious or unusual activities. If something seems off, report it to your financial service provider immediately.
  5. Use a Strong password: Creating a strong password that combines letters, numbers, and symbols can serve as a strong defense against unauthorized access. If you have trouble remembering your passwords, consider using a trusted password manager.
  6. Backup important information: Backing up critical information, such as transaction records, in a secure location can act as a financial safety net in case of unexpected issues or data loss.

Key Takeaways On Safe Ways to Withdraw Online Cash in Kenya

Now you’ve seen the safe ways to withdraw online cash in Kenya. You should now set up various withdrawal options for flexibility. For quick access to cash, M-Pesa works well, even with slightly lower rates. For larger payments, consider Upwork to PayPal to M-PESA or direct bank transfer. For small amounts, PayPal is cost-effective.

Where Skrill is an option, it’s known for great rates but can be unreliable.

Payoneer is reliable and offers free bank transfers.

Wise is gaining popularity for competitive rates and fast transfers. If clients agree to Wise, it’s efficient.

Lastly, Paxful offers unique cryptocurrency payment options.

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If you’re looking for more ways to earn money online in Kenya, Balozy can help. We connect local professionals with customers who need their services. Whether you’re a plumber, an event planner, an electrician, or any other service professional, you can use Balozy to find new clients and grow your business.

Ready to take your online earnings to the next level? Join Balozy today and discover the opportunities waiting for you. Click here to sign up as a pro and earn more with Balozy.