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POCHI LA BIASHARA

What is Pochi la Biashara?

 

 

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Pochi La Biashara is a product allows M-PESA registered customers who own informal businesses such as: food vendors, kiosk owners, boda-boda operators, second hand clothes dealers, etc.  to receive and separate business funds from personal funds on their M-PESA number. 

What are the features of Pochi la Biashara?

 

 

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  • Simple sign up process: No paperwork
  • Cashless payments: business owners can accept cashless transactions for safer business
  • Allows business owners to separate business and personal funds
  • No reversals will be completed without the business owner’s consent
  • Sell Airtime and earn commission a 5% commission of the value sold
  • Access to Mini statements
  • Frequently Asked Questions (FAQs) provided on one screen for business owner to access

Your M-PESA PIN will be used to approve Pochi La Biashara transactions.  #PIN YAKO. SIRI YAKO

How do I as a business owner join/opt in?

 

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Using your M-PESA line,

dial M-PESA USSD *334#>>select Pochi la Biashara>> Join>> Accept Ts&Cs>> Select Business Category and you will receive an SMS confirmation that you have been opted in successfully.

 How will a customer pay the business owner?

 

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A customer will dial *334# from their M-PESA line; Select Lipa na M-PESA; Select Pochi La Biashara, and complete the transaction as shown below:

Note: For your privacy and to protect your information, the final M-PESA message after completing a transaction will not have the customer or business owner’s phone number

How much will a customer be charged to pay to a business owner?

 

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Send money transaction charges apply when a customer is making payments. The business owner receiving the payment does not incur any charges

Does Fuliza deduct funds when payments are made to the business account?

 

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Funds received on the business account will not be deducted by Fuliza.

What are the Pochi la Biashara limits?

 

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Daily transactional limit of Ksh. 300,000 umbrella limit for both the personal and business account apply

How do I access funds in my Pochi la Biashara?

 

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To access funds, a business owner withdraw from agent of move funds from business to personal account as below:

      I. Withdraw Funds from Agent

You will dial *334#, selects Pochi la Biashara>> Withdraw Funds>> From Agent>> enter Agent number>> enter amount and complete the withdraw transaction using your M-PESA PIN

Note: Normal withdrawal from agent charges apply.

   II. Withdraw from Business to Personal Account:

The business owners can move funds from their business account to their M-PESA.  S/he will dial *334#, select Pochi la Biashara >> Withdraw funds>> From Business to Personal Account >> enter amount and complete the transaction using your M-PESA PIN

To pay to Other Mobile Numbers or Pay to a customer

 

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The business owner dials *334#, selects Pochi la Biashara and follows the steps below:

 

Note: For your privacy and to protect your information, the final M-PESA message after completing a transaction will not have the customer or business owner’s phone number

My Statement

 

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To access mini statements, the business owner dials *334#, selects Pochi La Biashara and follows the steps below:

 

Note: the mini statement displays the recent transactions

Know more about this service

 

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This feature allows business owners to access frequently asked questions on the service by dialing *334#, select Pochi La Biashara>> Know More about the service

How to Leave the service/opt out:

 

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The business owners can leave/to opt out of the service by:

dialing *334#, selects Pochi La Biashara>> My Account>>Leave this service>> Confirm and you will receive an SMS confirmation that you have been successfully opted out of the service.

Note: Upon opt out, any funds on the business account will instantly be moved to your M-PESA account.

 In case of any queries, who does the business owner contact?

 

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Call Line 100, 200, or 234 or Visit any Safaricom retail Shop or Care Desks.