FEATURED STORY

Safaricom Adds Swag to M-Pesa Services

Share
New M-Pesa service features - Business Today
M-PESA becomes the first mobile money provider in Africa to join Illegal Wildlife Trade Taskforce. [Photo / Twitter]
Share

Safaricom has rolled out all its M-PESA services on the *334# menu. M-PESA on *334# targets non-smartphone users by consolidating all M-PESA services in a single, easy to use menu with more flexibility than is possible on the current SIM toolkit menu.

The new menu makes it easier to send money to the correct recipient by displaying the receiver’s name and only advancing once the customer confirms the transaction.

“We have embarked on a strategy to simplify our range of products and services for our customers and to provide them with an even better experience,” said Peter Ndegwa, CEO, Safaricom. “M-PESA on *334# is our first solution as part of the ongoing strategy and it refines how our customers interact with the service.”

Mr Ndegwa said customers now have the opportunity to confirm the details of a transaction before it can progress making reversals a thing of the past.

To use the service, customers will dial *334# upon which they will be presented with a choice of the different M-PESA services including “Send Money”, “Loans and Savings” or “Lipa Na M-PESA”. As with other USSD menus, customers will key in the number selecting the service such as “5” for Lipa Na M-PESA.

M-PESA on *334# brings together all services that have previously been offered through different USSDs saving customers from having to remember the different numbers.

Within the Lipa Na M-PESA menu, customers can directly select PayBill and Till Numbers for banks, government and county government services as well as transport services including the SGR and long-distance buses. Once a customer selects any of the options, they will be presented with a list of services for which they can then pay through Lipa Na M-PESA. 

Customers can also use the Lipa Na M-PESA option to pay to personal numbers for select businesses.

Other options available on M-PESA on *334# include M-PESA Global which empowers customers to send and receive money across the world.

The service is especially targeted at non-Smartphone users or as an alternative to the Safaricom app and is immediately available to all more than 25 million M-PESA customers.

In addition to making M-PESA more convenient to use, the service also makes it easier for Safaricom to deploy additional M-PESA features free of the restrictions imposed by the old SIM Card Menu. As a result, customers can enjoy smoother functionality such as with Hakikisha on this new menu.

Read Also >> How to Make Millions on Youtube, Facebook & Instagram

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
NSE has launched an innovation hub to advance its digital transformation
FEATURED STORY

Nairobi Securities Exchange Admits Cinemark as a Dealer

Nairobi Securities Exchange(NSE) Plc has announced the admission of Cinemark Consult Limited...

Ms. Afaf Kontar, Chief Executive Officer of AHI Carrier (right), joins Kishore Reddy, Managing Director of North Star Cooling Systems (left), in cutting a ribbon to officially unveil the first dealer-based Carrier and Toshiba HVAC showroom in Nairobi, launched in partnership with North Star Cooling Systems.
BUSINESSFEATURED STORYNEWSTECHNOLOGY

AHI Carrier Opens New Showroom in Nairobi

AHI Carrier, a joint venture of Carrier Global Corporation, has expanded its...

CS Wyclife Oparanya, Senator Magret Kamar and Eldoret Deputy Governor after the consultative meeting on MUSCCO
BUSINESSFEATURED STORY

Moi University Sacco Society Survives Liquidation

Moi University Sacco Society (MUSCO) could be emerging out of its financial...

FEATURED STORY

KenGen Makes Radical Changes to its Governance Structures

KenGen (Kenya Electricity Generation Company) has received approval from shareholders to recalibrate...