How do I get a store number for MPesa agent?
How do I get a store number for MPesa agent?
You can activate via USSD by dialing *234# and Select Option 2: M-PESA Business Till then enter the store number of the till received from SMS after Application….M-PESA Business Till (Buy Goods)
| Transaction | Charges |
|---|---|
| Sell Airtime to customer | Standard Agent Airtime commission rates |
How does Safaricom pay MPesa agents?
Agents earn a commission from Safaricom whenever they make deposits or withdrawals for their clients. Even though clients deposit money into their accounts for free, Safaricom still pays commission to Mpesa agents performing this service. This fee distributes to Safaricom, principal agent, and the sub-agent.
How can I become a Safaricom agent?
The following are the requirements for appointment as an authorized M‐PESA agent. Prospective agent must be registered as a LIMITED company or equivalent with at least 3 outlets ready to offer M‐PESA under the company names. The company MUST have traded for a minimum period of 6 months.
How do I start an MPesa agency?
Fill in the MPesa agent head office application form and the MPesa agent store application form. Once you have submitted your forms and met all the requirements you’ll be given a till number that you will use. You can run the MPesa outlet yourself or hire competent staff with at least KCSE qualification.
How can I get M-PESA to my M-PESA agent?
Receive your monthly M-PESA statements easily and conveniently by the 5th of every month.
- Dial *234# from your mobile phone to access the menu.
- Select ‘My M-PESA Information’, then ‘M-PESA Statement’
- Select ‘Full Statement’
- Register with your National ID or document of registration number.
- Enter and confirm your email.
Where can I buy mpesa float?
FLOAT PURCHASE FROM EQUITY BANK ACCOUNT
- Dial *247# or go to your Equitel SIM menu and select Buy M-PESA Float.
- Enter your Agent Number.
- Enter Amount of Float you wish to Purchase.
- Enter your mobile Banking PIN.
Is M-Pesa business profitable?
Sales on Safaricom’s money transfer and payments platform, M-Pesa, grew by 46%, boosting service revenue to 138.4 billion shillings, Chief Finance Officer Dilip Pal said at a briefing in the capital, Nairobi. The value of M-Pesa transactions grew 51.5% year-on-year boosting total revenue to 146.4 billion shillings.
How much do MPESA agents earn?
With the new tariffs, the lowest an agent earns on deposits between sh. 50 to 100 is 4 shillings. The highest commission is sh 190 for deposits of sh. 50,000 to 70,000.
How do I get my 2 year mpesa statement?
Using M-PESA line, the customer will:
- Dial *334# select My Account>> Select M-PESA Statement.
- Select Register for Email Statement>>Accept Terms and Conditions.
- Enter your email address and verify your request using your M-PESA PIN;
How can I get Lipa na mpesa till number statement?
Accessing Full Merchant M-PESA Statement:
- Dial *234# from the nominated number.
- Then select option 2 – M-PESA Business Till.
- Then enter your head office or store number.
- Select option 6 – M-PESA Statements.
- Below partner statements select option 1 – Full Statement.
- Select the statement period.
- Enter operator id.
How do I start an mpesa agency?
To operate an M-PESA shop as an agent, you need to have a registered limited company in business for at least 6 months and have at least 3 outlets ready to offer MPESA services. A minimum investment for an MPESA outlet is Ksh. 100,000 float.
How do I check my mpesa Commission?
Checking your M-PESA balance
- Select “Show balance” on the Safaricom App or select Check Balance on M-PESA menu in your Safaricom sim tool kit.
- Enter your secret PIN.
- Wait for SMS confirmation message with your balance.
What are the requirements to become an authorized M‐Pesa agent?
The following are the requirements for appointment as an authorized M‐PESA agent. A) STANDARD REQUIREMENTS Minimum number of agent outlets • Prospective agent must be registered as a LIMITED company or equivalent with at least 3 outlets ready to offer M‐PESA under the company names. The company MUST have traded for a minimum period of 6 months.
How to start an M-Pesa business?
Let us take a look at how you can start this business and the requirements needed. How to become an M-Pesa agent: Requirements To become an M-pesa Agent, Safaricom requirements all prospective agent must be registered as a LIMITED company or equivalent with at least 3 outlets ready to offer M‐PESA under the company names.
What are the requirements to become a prospective agent?
• Prospective agent must be registered as a LIMITED company or equivalent with at least 3 outlets ready to offer M‐PESA under the company names. The company MUST have traded for a minimum period of 6 months.
What are the challenges of MPESA businesses in Kenya?
The biggest challenges most entrepreneurs face while starting their Mpesa business is the minimum investment required to operate that has been set by Safaricom. 1). Kshs 100,000 per outlet for float.
