Lipa na MPESA

Paybill

  1. This is for merchants who provide services that are not tangible e.g. churches, schools, hospitals, fund raisers etc as well as utilities (KPLC, DSTV) etc.
  2. Convenient- users can make payment anytime, anywhere reducing the need for carrying cash.
  3. Various uses-Lipa na mpesa can be used to pay bills and purchase goods.
  4. Suitable for all customers.

Till

  1. Charges 0.05% amounts above Ksh. 200 by the merchant.
  2. This Till is for merchants who trade in tangible goods and services i.e. butcheries, spare part shops, kiosks etc.
  3. REALTIME Settlements. The payments reflect in your account instantly

M-Collection

M-collection

  1. Merchants receive payments at no extra cost.
  2. REALTIME Settlements. Each payment done is reflected in the KB account of the recipient immediately.
  3. Free bank SMS notifications received by payer and recipient in REALTIME.
  4. Turnaround time for processing complete applications is 10 minutes.
  5. Unique business codes allocated to specific KB accounts ensures significant reduction of chances of making mistakes by persons making payments.
  6. Narration- for easy for reconciliation.

Shortcode

  1. Charges are borne by payer as per the Safaricom Paybill tariff guide.​
  2. Unique identifier- 6-13 Digits. ​
  3. REALTIME Settlements. The payments reflect in your account instantly.​
Forex Rates by October 17, 2024
USD: BUY 127.00 SELL 131.00GBP: BUY 164.10 SELL 172.30EUR: BUY 136.60 SELL 144.75JPY: BUY 0 SELL 0.88ZAR: BUY 0 SELL 7.45