You've successfully subscribed to Inclusion Times
Great! Next, complete checkout for full access to Inclusion Times
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info is updated.
Billing info update failed.

M-PESA rolls out business tools for MSMEs and SMEs in Kenya

Ola Olaoluwa
Ola Olaoluwa

To support SME’s and Micro SME’s in Kenya, M-PESA has recently rolled out products and services geared towards empowering them as well as helping them grow.

Sitoyo Lopokoiyit, Interim CEO, M-PESA Africa

Key products rolled out recently include:

- M-PESA business APP- now with over 100k businesses of the over 200k active merchants.

- Business Transacting Till- enabling businesses to use funds collected to make payments such as bill payments, salaries etc.

- Self on boarding for merchants with SLA of 24 hours

- Capacity development initiatives to educate and empower business owners.

- Dedicated USSD for merchants as well as dedicated support.

- Micro SME wallet on their individual Wallets: To help them separate normal P2P transactions from business P2P transactions.


Ola Olaoluwa

Writer | Economist | Actor | Fashion Entrepreneur