(Buy Goods Till)
The M-PESA Business Till enables business owners to collect payments on the till and use the money collected to make other transactions directly from the till such as:
- - Pay to another Buy Goods Till
- - Pay to a mobile number
- - Pay to utilities (Paybill) till
- - Withdraw cash at an M-PESA agent
- - Sell airtime to customer using collected funds and earn commission
This product is suitable for businesses that do not require to capture any additional information from the customer such as retail, supermarkets, fuel stations, restaurants, salons, etc.
A short-term paybill is a product that allows for fundraising of funds for different needs, e.g. medical bills, funerals, weddings, education purposes, and for charity/catastrophes e.g. Fund, Funeral Fund, Education Fund.
(Business To Customer)
The Bulk Disbursement service (B2C) enables an organization to make payments/disbursements from a given M-PESA shortcode to mobile phones of individuals in real time at the click of a button e.g. Salary payments, Dividend payments, Sacco payments.
This allows the customer to make payments to Organization Paybill accounts in real time. i.e. Paying of utility bills or purchasing of goods and services