Mobile money payments have risen as merchants and consumers try and avoid handling physical money.

Micro, small and medium enterprises(MSMEs) have a lot to gain using mobile money.

Here& #39;s where Safaricom& #39;s MPESA for business app comes through:

#DoMoreWithMpesa #LipaNaMpesa 1/n
There& #39;s now a huge demand for merchants to offer contactless payment solutions which has given MPESA payments a fresh boost.

The telco has now made it easier to use and process Lipa na Mpesa payments with a dedicated app called MPESA for Business.

#DoMoreWithMpesa #LipaNaMpesa
MPESA for business entails Till and Paybill numbers.

Safaricom has made the process easy as it is now an online affair.

Check it out here:

https://m-pesaforbusiness.co.ke/LNM/ 

https://m-pesaforbusiness.co.ke/LNM/"... href="https://twtext.com//hashtag/DoMoreWithMpesa"> #DoMoreWithMpesa #LipaNaMpesa
The site has a ‘My applications’ tab to check the state and progress of your application.

You& #39;ll see if it has been approved, complete or rejected.

https://m-pesaforbusiness.co.ke/LNM/ ">https://m-pesaforbusiness.co.ke/LNM/"...

#DoMoreWithMpesa #LipaNaMpesa
The M-PESA for business app has been purposely aimed to augment the offerings of the USSD code with more useful features which are welcome to business owners making the entire experience seamless and easy to use.

#DoMoreWithMpesa #LipaNaMpesa
For merchants who already have a till number.

- Dial *234#
- Select option 2(M-PESA Business Till)
- Enter store number
- Select Accept

You will then receive a text with operator ID and start PIN.

Change the PIN under Account Services.

#DoMoreWithMpesa #LipaNaMpesa
You can track your business’s money-in and money-out patterns to get the most out of your working capital.

The tracking is visualized using a graph and they can be expanded for further insights such as accumulated values in a given day.

#DoMoreWithMpesa #LipaNaMpesa
Merchants can also see all transactions that are made or received in their accounts.

Owners can further use the money-in and money-out filter to filter between credit and debit.

#DoMoreWithMpesa #LipaNaMpesa
The Pay Customer feature in the app allows merchants to pay their suppliers, perform refunds or salaries directly to their M-PESA wallets.

#DoMoreWithMpesa #LipaNaMpesa
With the app, merchants now have the ability to receive payments from clients more quickly.

This lets them arrange delivery and pay over the phone which increases efficiency for the enterprise.

#DoMoreWithMpesa #LipaNaMpesa
The M-PESA for Business app is further equipped with the Withdraw Money option in the app that allows business owners to move money collected on their tills to their own M-PESA wallets, M-PESA agents or bank accounts.

#DoMoreWithMpesa #LipaNaMpesa
Micro, small, and medium enterprises(MSMEs) need to frequently pay and be paid which could sometimes be in (relatively) large amounts over long distances.

This is a convenience feature that lowers their costs and they get to save time.

#DoMoreWithMpesa #LipaNaMpesa
Paybill and Buy Goods merchants can pay their suppliers directly from their till.

Here are how the features talked in this thread look in the app.

#DoMoreWithMpesa #LipaNaMpesa
Paybill and Buy Goods merchants can pay their suppliers directly from their till.Here are how the features talked in this thread look in the app. #DoMoreWithMpesa #LipaNaMpesa
Paybill and Buy Goods merchants can pay their suppliers directly from their till.Here are how the features talked in this thread look in the app. #DoMoreWithMpesa #LipaNaMpesa
Paybill and Buy Goods merchants can pay their suppliers directly from their till.Here are how the features talked in this thread look in the app. #DoMoreWithMpesa #LipaNaMpesa
Merchants with multiple tills or Paybill accounts can access them at the same time using the M-PESA for Business app.

You can manage and transact across them, but they have to nominate a single number to access the tills.

#DoMoreWithMpesa #LipaNaMpesa
Last but not least, the M-Pesa for Business app has a Roll-Up feature that allows merchants to push collected funds to a head office.

#DoMoreWithMpesa #LipaNaMpesa
Apart from using mobile money for buying airtime, sending and receiving, most of MPESA transactions are used to either buy or sell goods and services.

#DoMoreWithMpesa #LipaNaMpesa
Kenya is far from referring to itself as a cashless economy as we have seen in developed countries, but the COVID-19 pandemic has demonstrated the essence of embracing e-wallets for payments – of which merchant payments are a big part of.

#DoMoreWithMpesa #LipaNaMpesa
Safaricom has been at the forefront of popularizing mobile payments with #LipaNaMpesa services, and the Business app is an attempt to streamline the process for MSMEs with added features while also helping move them towards digital commerce.

#DoMoreWithMpesa
We delve deeper into the app& #39;s offerings here:

https://techweez.com/2020/06/26/mpesa-for-business-app-features/

Download">https://techweez.com/2020/06/2... the app here either for Android or iPhone:

Android app: https://bit.ly/lnm-app ">https://bit.ly/lnm-app&q...
iOS app: https://bit.ly/LNM-app 

https://bit.ly/LNM-app&q... href="https://twtext.com//hashtag/DoMoreWithMpesa"> #DoMoreWithMpesa #LipaNaMpesa
Mobile money payments have a lot of potential and most MSMEs) are reporting increased efficiency at their enterprises thanks to the app that now has over 50K downloads while over 186K merchants use Lipa Na Mpesa payments.

#DoMoreWithMpesa #LipaNaMpesa https://techweez.com/2020/07/29/safaricom-mpesa-for-business-app/">https://techweez.com/2020/07/2...
Safaricom's Mpesa for Business App Sees 50K Downloads, Lipa Na Mpesa Users Reach 186K

Mobile money payments have risen as merchants and consumers try and avoid handling physical money. Mpesa for Business app by Safaricom reports new stats - Details:

https://techweez.com/2020/07/29/safaricom-mpesa-for-business-app/
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