What is M-Pesa used for?

M-Pesa is a mobile banking service that allows users to store and transfer money through their mobile phones. M-Pesa was introduced in Kenya as an alternative way for the population of the country to have access to financial services. Safaricom, the largest mobile phone operator in Kenya, launched M-Pesa in 2007.

Is M-Pesa a bank?

M-Pesa is a branchless banking service; M-Pesa customers can deposit and withdraw money from a network of agents that includes airtime resellers and retail outlets acting as banking agents.

How do I pay with M-Pesa?

1. This is service is available via PayBill.
2. Go to M-PESA menu on your phone.
3. Go to Lipa na M-PESA, PayBill option.
4. Enter the banks business number (consult with bank)
5. Enter account number which is your bank account number.
6. Enter amount.
7. Enter M-PESA pin.
8. SMS confirmation received on phone.

Is M-Pesa a mobile wallet?

M-Pesa Mobile Wallet is available in the following countries: Kenya. Tanzania.

How do I open a mpesa account?

Register For M-PESA

1. Select M-PESA menu then select Activate or Wezesha.
2. Enter the ‘M-PESA PIN received via SMS.
3. Create your own Secret PIN and confirm it.
4. Enter the ID number used during registration.

Is mpesa safe?

The internal security of the M-Pesa platform is somewhat of an unknown. It will no doubt come under attack like any other service handling financial transactions, but the low transaction limits and physical presence requirement to withdraw cash make it a less attractive a target than many other mobile payment systems.

How do I link M-Pesa to my bank account?

How to make an M-PESA to Bank Transaction

1. This is service is available via PayBill.
2. Go to M-PESA menu on your phone.
3. Go to Lipa na M-PESA, PayBill option.
4. Enter the banks business number (consult with bank)
5. Enter account number which is your bank account number.
6. Enter amount.
7. Enter M-PESA pin.

How do I check my M-Pesa balance?

Checking your M-PESA balance

1. Select “Show balance” on the Safaricom App or select Check Balance on M-PESA menu in your Safaricom sim tool kit.
2. Enter your secret PIN.
3. Wait for SMS confirmation message with your balance.

How do I check my mpesa balance?

How do I open mpesa wallet?

To open an M-PESA account you must register first by visiting an M-PESA agent outlet, Safaricom shop or Care Desk to register. You’ll need a mobile phone with a Safaricom SIM card and valid identification document, which can be: Kenyan National ID. Valid Kenyan Passport.

How do I activate mpesa in Safaricom?

On the SAFARICOM Menu:

1. Select M-PESA menu then select Activate or Wezesha.
2. Enter the ‘M-PESA PIN received via SMS.
3. Create your own Secret PIN and confirm it.
4. Enter the ID number used during registration.

Does mpesa require Internet?

M-Pesa is a USSD-based (an SMS-based service that does not need Internet) technology that helps people send and receive money over the mobile, apart from making utility bill payments, and recharging mobile and DTH accounts.