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    Reed Hastings steps down as Netflix CEO

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    Apple unveils new Mac Mini with M2 and M2 Pro for enhanced performance

    Apple unveils new Mac Mini with M2 and M2 Pro for enhanced performance

    High Court orders suspension of bank to MPesa charges

    High Court orders suspension of bank to MPesa charges

    Government announces plan to manufacture smartphones for under KES 5,000 by year-end

    Government announces plan to manufacture smartphones for under KES 5,000 by year-end

    Safaricom’s Fuliza subscribers can now withdraw their limit at MPesa agent shops

    Safaricom’s Fuliza subscribers can now withdraw their limit at MPesa agent shops

    Microsoft exploring integration of OpenAI’s GPT technology into Office apps

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    YouTube to allow creators to monetize Shorts content starting February 1

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    Safaricom launches 5G Wi-Fi service, starts at KES 3,499

    Safaricom launches 5G Wi-Fi service, starts at KES 3,499

    PayPal threatens users with a $2,500 fee for disinformation, instantly retracts after uproar

    PayPal threatens users with a $2,500 fee for disinformation, instantly retracts after uproar

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    Apple unveils 14-inch and 16-inch MacBook Pro with M2 Pro and M2 Max chips

    Apple unveils 14-inch and 16-inch MacBook Pro with M2 Pro and M2 Max chips

    Complete list of Macs that will run macOS Ventura

    Complete list of Macs that will run macOS Ventura

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    Lenovo X1 Carbon 5th Generation Review: just good enough

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    TECNO launches PHANTOM X2 Series with retractable portrait lens in Kenya

    Samsung’s first 2023 Galaxy A series phone comes with 5G, and it’s cheap

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    Tecno announces Eliud Kipchoge as brand ambassador for PHANTOM X2 Series

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    Xiaomi Redmi A1+: Best budget smartphone in 2022?

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    All you need to know about the new iPhone 14 lineup

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    Xiaomi 12S Series flagship features a huge 1-inch sensor

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    Infinix is bringing 180W wired fast charging speeds to its next flagship phones in 2022

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    Jumia marks its 10th anniversary, selling motorcycles for Sh10

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Safaricom to reward business owners in new M-Pesa promotion

Brian Murimi by Brian Murimi
November 15, 2021
in News
Reading Time: 2 mins read
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Safaricom to reward business owners in new M-Pesa promotion
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Safaricom has today launched a promotion on its Lipa Na M-PESA and Pochi La Biashara services that will reward business owners. The campaign comes as businesses around the country are increasingly using M-PESA services.

Lipa Na M-PESA now has over 400,000 enterprises accepting payments, up from 170,000 in March 2020, with another 2 million small businesses using the Pochi La Biashara service.

“Medium-sized firms and small businesses form the backbone of Kenya’s economy accounting for a third of economic output and employing a majority of Kenyans. In recognition, we are celebrating and rewarding all business owners accepting payments on Lipa Na M-PESA and Pochi La Biashara through our Biashara ni Lipa Na M-PESA Promotion,” said Peter Ndegwa, CEO – Safaricom.

For the next eight weeks, all businesses using the Pochi La Biashara and Lipa Na M-PESA Business Till will earn one point for every transaction of KSh. 50 or more they receive or pay out.

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The points will entitle business owners to weekly draws in that they could then win one of 128 tuktuks, monthly draws in which they can win one of 16 Isuzu DMAX pickups, and the grand draw in which they can win one of eight Fuso Canters.

Nairobi, Coast, North Eastern, Eastern, Rift, Western, Nyanza, and Mt. Kenya are among the eight regions where the promotion will take place. Every week, each region will award two tuktuks, one pickup every four weeks, and one truck at the grand finale.

Additionally, all Pochi La Biashara business owners can exchange their points for cash at a rate of KSh. 1 per point. For the first three qualifying transactions, all business owners will receive up to 6 minutes of speak time every day.

The campaign comes as Safaricom continues to promote M-PESA solutions for businesses, particularly SMEs and small firms.

The M-PESA Business Till allows business owners to use their Lipa Na M-PESA collections to make payments and transmit money to other M-PESA Tills, such as when paying suppliers, individuals, and more. Business owners have the option of withdrawing money to an agent or transferring money to a bank account.

The M-PESA Business Super App gives businesses a real-time picture of how much money is flowing in and going out of their business. They can also use the super app’s Business Till feature to make payments.

Pochi La Biashara is a small business solution that allows owners to accept payments via M-“Send PESA’s Money” feature. It allows business owners to keep their business money distinct from their personal money.

Lipa Na M-PESA business owners can check their points on the M-PESA Business App while those on Pochi La Biashara can dial *334#.

Tags: Lipa Na M-PesaM-PesaPeter NdegwaSafaricomSitoyo
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Brian Murimi

Brian Murimi

Brian is the founding geek at the Netick. A tech enthusiast skilled in journalism, media relations, multi-platform broadcasting, and social media. Write to him via bryanmurimi@gmail.com

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