Lipa na M-Pesa, which translates to "Pay with M-Pesa" in Swahili, is the merchant payment service of M-Pesa, it allows customers to pay for goods and services using their mobile phones. The Types of Lipa na M-Pesa Services are:
Lipa na M-Pesa Buy Goods (Business Till Number)
The Buy Goods till is designed for retail businesses such as supermarkets, restaurants, hardware stores, pharmacies, boutiques, and salons. Customers can pay using a unique 6-digit Till Number through:
- M-Pesa App: Launch the app, select "Pay", select "Buy Goods", enter the Till Number, enter the amount, and complete the transaction using your M-Pesa PIN
- USSD: Dial *334#, select "Lipa na M-Pesa", select "Buy Goods", enter the Till Number, enter the amount, and complete with your PIN
- SIM Toolkit: Select "M-Pesa", select "Lipa Na M-Pesa", select "Buy Goods", enter the Till Number, enter the amount, and complete with your PIN
Lipa na M-Pesa Paybill
Paybill is designed for businesses that collect money regularly from customers and need to track payments with account numbers. Common users include utility companies, schools, and financial institutions. Customers pay using:
- M-Pesa App: Launch the app, select "Pay", select "Paybill", enter the Business Number, enter the Account Number, enter the amount, and complete the transaction
- USSD: Dial *334#, select "Lipa na M-Pesa", select "Paybill", enter the Business Number, enter the Account Number, enter the amount, and complete with your PIN
- SIM Toolkit: Select "M-Pesa", select "Lipa Na M-Pesa", select "Paybill", enter the Business Number, enter the Account Number, enter the amount, and complete with your PIN
Pochi la Biashara
Pochi la Biashara is a service for small businesses like food vendors, kiosk owners, boda-boda operators, and second-hand clothes dealers. It allows business owners to receive and separate business funds from personal funds on their M-Pesa line. Key benefits include:
- Simple sign-up process with no paperwork required
- Ability to separate business and personal funds
- Direct withdrawal from agents without moving funds to personal M-Pesa account
- Payment reversals require approval from the business owner
- Ability to sell airtime and earn 5% commission
