The M-PESA Business till is an enhancement of the existing Lipa Na M-PESA Buy Goods till that enables business owners to collect payments on the till and use the money collected to make other transactions directly from their till.
Why do you need this service as a business person/entrepreneur? It will enable you;
- Receive payments from other Businesses and Customers
- Make payments
- Pay another business from the till – Pay bill or Buy Goods
- Make payments to Customers
- Withdraw funds
- To the owner nominated number
- To Bank
- At M-PESA Agent
- Sell Airtime to customer using collected funds and earn commission
- The business owner will be charged a maximum of 0.5% and not more than KShs.200 per transaction for money collected on the till.
- Collections of Ksh 200 and below are FREE.
- There are no customer charges for payments made using Lipa na M-PESA Buy Goods except for payments made at fuel stations.
To apply for M-PESA Business till click on this link: https://m-pesaforbusiness.co.ke/ and follow the given steps
For more details visit M-PESA Business FAQs