Payment Processing

Transactional business

What is payment processing?

This product targets business institutions for making bulk payments and collections via M-pesa Platform. Transactions are wired to beneficiaries of Safaricom & any other Telco Mobile Phone No. that is registered.

Payment Processing Features

  • Immediate credit to beneficiary mobile phone number.
  • Reduced cost of processing payments.
  • Convenience as compared to other methods such as bank cheques.
  • Secure mode of payment since all beneficiaries are verified before authorisation.

To Qualify

  • A business entity or organisation that makes frequent payments to more than 10 people.
  • Beneficiaries need not be Okoa Finance members.