‘M-PESA for Business’ is the new business smartphone app from Safaricom being made available to more than 170,000 merchants.
It will empower business owners to access real-time statements, export statements, and track their business performance on the go.
Through the app, business owners can further withdraw funds from Lipa Na M-PESA to their M-PESA accounts, bank accounts or at an agent. Business owners with a business till can now also send money to other M-PESA customers such as to pay wages, pay for supplies, and make payments to other businesses all through the app.
“At Safaricom, we are taking a focus on the needs of small and medium businesses to provide them with suitable technology solutions to help them grow.
The M-PESA for Business smartphone App is one such solution. It empowers more than 170,000 businesses across the country to send money and make payments and provides them with simple and detailed reports from the convenience of the mobile phone,” said Peter Ndegwa, CEO, Safaricom.
In addition to making transactions from their Lipa Na M-PESA tills, the app will offer additional management features such as an overview of different tills for business owners with multiple outlets and till usage management. The app is also packed with rich, detailed reports including money-in and money-out charts, store overview and frequently used Lipa Na M-PESA Tills and PayBills.