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    Khusoko – East African Markets
    BANKING & FINANCE

    Why Safaricom Introduced M-PESA Agent Store Number

    David IndejeBy David Indeje2023-02-07Updated:2023-02-08No Comments2 Mins Read
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    The M-PESA Super App has equally been designed to provide customers with a variety of convenient options when sending and receiving money including the addition of Pochi La Biashara and M-PESA Global options.
    Peter Ndegwa ,Chief Executive Officer (CEO) of Safaricom PLC during the launch of the M-Pesa App.
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    Have you ever made cash withdrawals from incorrect agent shops as a Safaricom customer?

    If your answer is yes, then worry no more, as an additional feature has been introduced to ensure you do not lose your cash and the right agent serves you.

    Safaricom has added another verification step of inputting a ‘store number’ right after keying in the ‘agent number’.

    What is New?

    In the new M-PESA agent withdrawal process, you will be required to:

    • Key in the Agent Number,
    • Store Number,
    • Amount and
    • PIN. 

    Safaricom will validate the details to ensure funds you are withdrawing are from the correct agent.

    “Safaricom has already deployed the solution on the M-PESA App, M-PESA Business App, M-PESA on *334#, and is in the process of updating customer SIM cards with the new menu,” the telco said in an emailed statement seen by Khusoko.

    “Customers who receive the SIM update will get an automatic M-PESA prompt on their phones to accept the new menu.”

    In addition, you can also update your SIM cards manually to download the latest menu by going to the M-PESA menu on your phone, Select My Account, Update Customer Menu, Enter M-PESA PIN, and then Send.

    How to Secure Personal Data: The Dos and Don’ts

    The telco also says it can roll out new features after updating the M-PESA platform to enable upgrading without downtime.

    “The company targets a 99.99% availability of the M-PESA platform or less than 53 minutes of system unavailability in a year.”

    “There are over 160,000 agents countrywide ready to serve you wherever you are with many more added daily. Our agents are always ready to make your Safaricom experience satisfying,” Safaricom says on its website.

    Safaricom’s half-year report last September announced that M-PESA had raised in KSh56.8 billion, accounting for 41.2 percent of the KSh138.1 billion total mobile service revenue. In comparison, voice service recorded KSh39.8 billion.

    Why Voice and SMS Remain Important to Safaricom


     

     

     

     

     

    M-PESA Agent Store Number
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    David Indeje
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    In my role as Community Engagement Editor For Khusoko, I care about our audience. engaging them, getting news delivered to them across a variety of platforms, and expanding the diversity of voices on our website.

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