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Business Payment Services
This is service allows your organization, through your M-PESA account, to transfer money to another organization’s M-PESA account within the M-PESA system. Transfers can be to external organizations or within the same organization.
Uses of Business Payments
- Your organization can pay for goods and services directly to your suppliers using M-PESA
- You can transfer M-PESA float to other branches or businesses
Business Payment Services Benefits
Convenient
Easy to make payments and track usage
Saves time
No time wastage when transacting
Bulk Transfer
Large amounts of money can be transferred making business easier
Real time settlement
Funds reflect in recipients account almost immediately
Low cost
Affordable and saves on transaction costs
Easy management
Easy reconciliation and management