Kenya’s biggest telecoms operator Safaricom has launched M-pesa for Business app, which will allow businesses to track their performance digitally.
In addition, businesses will be able to withdraw money from their mobile phones and bank accounts at agents locations.
The Android version available on Playstore while the iOS version will come after a few days.
The Mpesa for Business App allows a business to send money to customers, suppliers and pay salaries directly. It enables Lipa na Mpesa merchants to monitor and transact multiple till numbers registered under the same business nominated number.
“At Safaricom, we are taking a focus on the needs of small and medium businesses, to provide them with suitable technologies to help them grow. The M-Pesa for Business smartphone App is such a solution.
It empowers more than 170,000 businesses across the country to send money and make payments and provides them with simple and detailed reports from the convenience of their mobile phone,” Safaricom CEO, Peter Ndegwa says.
In addition to making transactions from their Lipa Na M-PESA tills, the app will offer additional management features such as an overview of different tills for business owners with multiple outlets and till usage management.
The app is also packed with rich, detailed reports including money-in and money-out charts, store overview and frequently used Lipa Na M-PESA Tills and PayBills.
Safaricom has rolled out a portal where any business across the country can now apply online for a Lipa Na M-PESA Till here.