About M-PESA for Business
M-PESA for Business is a financial software platform from Safaricom designed for businesses to manage transactions. It provides features like easy payment processing, transaction monitoring, and integration with accounting systems so businesses can efficiently handle their financial operations. The platform offers the Lipa Na M-PESA Application Portal, which allows merchants to accept payments via mobile money, increasing their revenue streams. Additionally, it supports bulk payments and provides detailed transaction reports for better financial oversight. Key capabilities: payment processing transaction monitoring accounting integration bulk payments detailed reporting Best for: businesses that need a reliable solution for mobile payment acceptance and financial management.
M-PESA for Business Details
M-PESA for Business's In-App Market Place
Does M-PESA for Business have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
USD
Pros & Cons
- Enables instant peer-to-peer money transfers anytime without visiting a physical bank branch.
- Facilitates merchant payments and e-commerce transactions in a secure, seamless way.
- Provides microloans and mobile savings accounts promoting financial inclusion for underserved users.
- Offers international remittance capabilities to send and receive money across borders efficiently.
- Supports bulk payments and business APIs, streamlining payroll and vendor payments.
- Reliance on mobile network means service interruptions affect transaction reliability.
- Limited availability of some features in countries outside Kenya.
- Security risks exist if PINs are shared or devices are compromised.
- USSD transactions may be slower and less convenient compared to app-based operations.
M-PESA for Business's Support Options
Contact
+254 722 000000