BUSINESS TECHNOLOGY

Safaricom, NSSF Ink Deal To Offer Pension Services Through M-PESA Mini App

FRANCIS MULIJan 31, 20221.2k

Safaricom PLC,Chief Financial Services Officer, Sitoyo Lopokoiyit (Left) and Safaricom PLC, Chief Enterprise Business Officer, Kris Senanu(Right) demonstrates how the NSSF mini app works to NSSF Managing Trustee, Antony Omerikwa(Center) during the NSSF Mini App launch Breakfast at the Safaricom HQ. [Photo/ Courtesy]

Safaricom has partnered with NSSF to enable customers to access services through the NSSF Mini App on the M-Pesa Super App.

Customers can register for NSSF membership, keep track of their contributions, top-up and manage their NSSF account, and make Tenant Purchase Scheme (TPS) payments all within the M-Pesa Super App.

“The demand for NSSF services and the need to save for pension has gone beyond formally employed people to entrepreneurs especially those running medium and small businesses. It has therefore become necessary to partner with organisations such as Safaricom to extend the reach of our services including through smartphones on the NSSF M-Pesa Mini App,” said Dr Anthony Omerikwa, Managing Trustee – NSSF.

Customers can access the NSSF Mini-App through the “Discover” option on the M-Pesa Super App.

As part of the launch, the first 1,000 NSSF members to make contributions through the NSSF M-Pesa Mini App will get an extra 10 percent free topped up to their account.

“We continue to explore different ways to provide our customers with even more convenience and access to useful services by establishing key partnerships with organisations such as NSSF. The NSSF Mini App will go a long way in providing customers with an exceptional user experience while providing them with the freedom to access services on their smartphones at any time through the M-Pesa Super App,” said Peter Ndegwa, CEO – Safaricom.

The NSSF M-Pesa Mini App comes on the back of the November 2019 launch of ‘Haba Haba’, a savings plan for business people in the jua kali sector.

Haba Haba gives members a chance to save a minimum of Ksh25 a day, with the option of withdrawing 50 percent of their contribution after consistently contributing for a minimum of five years.

The M-Pesa Super App provides customers with a range of Mini Apps that enables them to conveniently access a variety of products and services from a single app on their smartphones including SGR booking, airline tickets, bus tickets, shopping gift vouchers, insurance gas delivery, and Pay TV services.

Other key features of the Super App include saving of frequent bills, downloadable M-Pesa statements, use of fingerprint and face lock in place of the M-Pesa PIN, Send to Many, among others.

More than five million customers have downloaded the Super App since its launch.

Read: Safaricom’s Lipa na M-Pesa Faces Equity Onslaught

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Written by

FRANCIS MULI -

Editor and writer, Francis Muli has a passion for human interest stories. He holds a BSc in Communication and Journalism from Moi University and has worked for various organisations including Kenya Television Service. Email:[email protected]