How M-Pesa works​​​

How M-Pesa works
 
 
 
 
 

The M-Pesa solution for the VBS business customer uses its product features to provide two main products to businesses - payments and cash collections. The typical sales cycle of a business would include the raw material being fashioned into the finished product that is sold to the customer. This is followed by cash collection from the customer and payment to the vendors or employees. Throughout this cycle, M-Pesa  removes hassles and makes transactions extremely convenient. So be it cash collections or payments, businesses can be assured of secure and instant transactions.

It’s Banking Simplified!

  • Sender types in phone number of recipient, the amount to be sent, and a 4-digit PIN
  • The account is checked for sufficient funds
  • If the funds are sufficient, the transaction is performed
  • Sender is notified of transaction being successful and new balance
  • Money is sent to recipient who is also notified
  • Recipient types in outlet number, amount to be withdrawn, and PIN
  • Recipient receives cash with an notification of their new balance



So, let’s make you a Ready Business.

Call 1800-123-123-123 or request a call back click here

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