Pochi la Biashara, Swahili for “A business’s Pocket” is a product by Safaricom, Kenya’s largest telco that allows business owners to receive and separate business funds from personal funds on their M-PESA line whilst not revealing the customers’ phone number.
The service was launched by Safaricom on 27th October 2020 to celebrate its 20th Anniversary since the company was founded.
Pochi La Biashara Charges
Transaction charges for Pochi La Biashara are the standard Mpesa charges.
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Benefits of getting a Pochi la Biashara Account
- The payment once done cannot be reversed without the approval of the business owner.
- Business owners can now sell airtime and earn a 5% commission on the value sold.
- No display of mobile numbers on M-PESA messages for payments for privacy and protection of customer and business owner information
How to Get a Pochi la Biashara Account
- Dial *334#
- Select Pochi la Biashara
- Select Join
- Accept the Terms and Conditions
- Select your Business Category
- Add your Business Name and submit
How to Use Pochi la Biashara
- Dial *334#
- Select Lipa na Mpesa
- Choose Pochi la Biashara
- Enter Business Phone Number
- Enter the amount and Pay
Alternatively,
- Open your New M-Pesa App,
- Click on the Transact tab on the bottom dashboard
- On Category ‘Pay’ select Pochi la Biashara
- Enter Business Phone Number
- Enter the amount and Confirm
Your M-PESA PIN can be used to authenticate transactions.
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