Lipa na MPesa users can now withdraw their funds directly to their MPesa accounts with the new Safaricom’s Lipa na MPesa App.
The App dubbed “M-Pesa for Business” will enable more than 170,000 merchants on the service to access real-time statements, export statements, and track their business performance from their phones.
“Business owners with a business till can now also send money to other M-PESA customers such as to pay wages, pay for supplies, and make payments to other businesses all through the app,” a statement from Safaricom says.
The app complements M-Pesa’s *234# shortcode menu that Lipa na M-Pesa Business users have been relying on to manage their till numbers and make transactions.
Safaricom has also rolled out a portal where any business across the country can now apply online for a Lipa Na M-PESA Till at m-pesaforbusiness.co.ke.
The “M-PESA for Business” app will be immediately available to these businesses once their application is processed and a Till Number allocated.