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Lipa Na M-PESA PayBill

PayBill is a cash collection service that allows your organisation to collect money on a regular basis from your customers through M-PESA.

 

Key Benefits of PayBill Service

  • Secure
  • Convenient
  • Real time settlement
  • Low cost
  • Easy reconciliation

 

Uses of the PayBill Service

  • Utility bills – water, power, Pay TV.
  • Rent payments - Lipa Kodi
  • School fees payments - Lipa Karo
  • Bank/SACCO account deposits
  • Statutory payments - NHIF, NSSF, KRA
  • Top up of pre-pay cards - fuel cards, debit cards e.g. Nakumatt Global.

 

Features of PayBill Service

  • Has head office and unlimited number of child PayBill  accounts
  • Each child PayBill account has a different name and short code
  • A business terminal can be attached to each sub account and receive notifications of Payments
  • There is allowance for Account number for each child account
  • Web access and settlement of funds to Bank can only be done at Head office

Use Cases of PayBill Service

  • Banks aggregate payments for merchants that Bank with them
  • Cashless Distribution where distributors require account number details e.g. invoice numbers
  • County Revenue Collection – set up different PayBill accounts for the different revenue collection points, but centralize banking