This archive report was first published on 18 June 2020.
On June 18, 2020, Safaricom announced the launch of the M-Pesa for Business app, available on the Google Play Store, which allows Lipa na M-Pesa Business users to withdraw money from their accounts, access statements in real-time, and track their business performance.
The app complements the existing 234# shortcode menu, taking advantage of smartphone capabilities to provide users with a range of features, including money-in and money-out charts, store overview, and frequently used Lipa Na M-PESA Tills and PayBills.
Business owners with multiple Lipa na M-Pesa till numbers can now get an overview of the performance of each one at a glance, making it easier to manage their businesses.
Additionally, Safaricom has introduced a new portal for businesses to apply for a Lipa na M-Pesa till, with the M-Pesa for Business app available to these businesses once their application is processed.
