MPESA - Page 7 of 9 - Afritech Media

18/02/2021
By Editorial Desk
How To, MPESA

How to withdraw money from Posbank account to MPESA

Postbank was established in 1910 regulated by the Kenya Post Office Savings Bank Act with a goal of engaging in the mobilization of savings for national development. With the growth of technology, the country’s oldest bank has morphed to keep up with the current digital trend to allow users to withdraw and deposit funds via […]

17/02/2021
By Editorial Desk
How To, MPESA

How to deposit money from MPesa to Access Bank

Access Bank users can easily deposit money from Mpesa to Access Bank using Acess Bank’s Mpesa Paybill number which is 862862.

Safaricom introduces Cashless Fare to 400 Nairobi Matatus

Safaricom has today partnered with Forward Travelers to offer an M-PESA fare collection solution to commuters in Nairobi. The service dubbed Simple Fare, a mobile and financial integration technology developed by Netcen Interactives will enable commuters to pay fare through Lipa Na M-PESA with the payment immediately reflecting to the bus crew’s phones. The service […]

01/02/2021
By Editorial Desk
How To, MPESA

How to deposit money into your Credit Bank Account via MPesa

You can easily send money from Mpesa to your Credit Bank account using Mpesa Paybill number 777100 and your bank account number. Below is a guideline on how to send money from Mpesa to Credit Bank account. Go to your phone’s M-Pesa menu. Select Lipa na M-Pesa Choose Pay Bill Select Business number and enter […]

Safaricom launches Electronic receipts MPesa Bill Manager for businesses

Safaricom has announced the launch of an MPesa Bill Management service for MPesa customers offering electronic receipts. The new service provides MPesa customers with a single point where they can view all their bills, receive reminders and automate payment of bills. The innovation targets schools, landlords, utilities and other businesses with repeat payments, offering a […]

How to buy and sell Bitcoins in Kenya with MPesa

Everyone is now used to the idea of a paperless cash economy, the currency has become digitized. This has seen the evolution of cryptocurrency which has surged in popularity recently. Today, one of the most recognized cryptocurrency is Bitcoins. What is Bitcoin? Unlike Cash, Bitcoins are a decentralized form of currency, meaning that its distribution […]

05/01/2021
By Editorial Desk
Corporate, MPESA

New MPesa Sending & Withdrawal Charges for 2022

Below are Safaricom’s Mpesa charges for 2022 for sending and withdrawing money via Safaricom MPesa agent, ATM and MPesa tariffs when transferring cash both to registered and non-registered Mpesa users. MPesa Transaction Charges 2022 Min Max Transfer to MPesa Users, Pochi La Biashara, and Business Till to Customers Transfer to other registered mobile money users Transfer […]

22/12/2020
By Editorial Desk
MPESA, Telco

MPesa reduces transaction charges for 2021 – New MPesa Rates

Safaricom announced last week that sending cash below Kes 100 to registered Mpesa users will not attract any charges. The maximum account balance is now Ksh. 300,000 up from Ksh. 100,000. You can transact up to Ksh. 300,000 in a single day, with a maximum of Ksh. 150,000 per transaction. Chief Executive Officer Peter Ndegwa […]

17/12/2020
By Editorial Desk
Business, Corporate, Financial & Tech, MPESA

CBK to lift free MPesa transfers of under Kes 1000 by end of year

The Central Bank of Kenya (CBK) has announced that it will end the free MPESA transaction below KES 1000 under the Covid-related price cuts on 31st December 2020. CBK says that a significant increase of mobile money usage has been noted over the period the measures have been in place, demonstrating that they were timely […]

17/12/2020
By Editorial Desk
How To, MPESA

How to deposit money from MPesa to ABSA Bank Account

ABSA Bank, formerly Barclays Bank Kenya allows its customers to deposit directly from Safaricom’s MPesa to their ABSA account. This is made possible using ABSA Bank Paybill number 303030. When the Bank name was changed ABSA retained Barclays Bank Paybill Number. The following are steps on how to deposit money to Barclays Bank Account Using […]