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How to Deposit Money to Standard Chartered Kenya via Mpesa

How to Deposit Money to Standard Chartered Kenya via Mpesa

Standard Chartered Bank of Kenya’s Lipa na M-Pesa paybill number is 329329. 

The Procedure for depositing money via M-Pesa to your Standard Chartered Bank account is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 329329 as the Standard Chartered business no and press “OK”
  4. Enter the Standard Chartered account number you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. Standard Chartered will then send you a confirmation SMS shortly.
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How to Deposit Money to Barclays Bank Kenya via Mpesa

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Barclays Bank of Kenya’s Lipa na M-Pesa paybill number is 303030. 

The Procedure for depositing money via M-Pesa to your Barclays Bank account is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 303030 as the Barclays Bank of Kenya (BBK) business no and press “OK”
  4. Enter the Barclays Bank account number you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. Barclays Bank will then send you a confirmation SMS shortly.
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M-Pesa fails in South Africa

Vodacom discontinue M-Pesa n South Africa

Vodacom will discontinue its M-Pesa product in South Africa with effect from 30 June 2016.

Speaking about the decision, Shameel Joosub, Vodacom Chief Executive Officer, says: “Vodacom’s decision is based on the fact that the business sustainability of M-Pesa is predicated on achieving a critical mass of users. Based on our revised projections and high levels of financial inclusion in South Africa there is little prospect of the M-Pesa product achieving this in its current format in the mid-term.”

In other markets where financial inclusion is limited and where there is a more supportive macro environment, M-Pesa continues to gain solid traction based on exponential growth in customer acquisition. Kenya and Tanzania are prime examples of this. It is important to note that this decision does not affect M-Pesa customers in Tanzania, Lesotho, Mozambique and the DRC, where the product continues to grow exponentially.

With regard to customers, Joosub says: “Vodacom is fully committed to mitigating any inconvenience to customers impacted by the decision and assures all M-Pesa South Africa customers that their funds remain safe and readily accessible. We remain of the opinion that opportunities exist in the Financial Services environment and we will continue to explore these.”

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Lipa na M-Pesa PayBill Numbers for Banks in Kenya

Mpesa Bank Paybill Numbers for All Banks in Kenya

Banks in Kenya have embraced M-Pesa across the board to provide their customers with fast, easy and convenient access to their money.

Safaricom Lipa Na M-PESA PayBill is a cash collection service that allows small or medium sized business to collect money on a regular basis from their customers.

The following is a list of Lipa na M-Pesa PayBill numbers for mobile banking services by different banks in Kenya.

BANK INSTITUTION M-PESA PAY BILL NUMBER
Bank of Africa(BOA) 972900
Barclays Bank K LTD 303030
CFC Stanbic 600100
Chase Bank 552800
Comm. Bank of Africa 880100
Consolidated Bank LTD 508400
Co-operative Bank 400200
Credit Bank 972700
Diamond Trust Bank(DTB) 516600
Ecobank 700201
Equatorial Commercial Bank 498100
Equity Bank 247247
Family Bank Ltd 222111
Faulu DTM 328585
First Community Bank Ltd 919700
GTBank Kenya Ltd 910200
Gulf African Bank 985050
Housing Finance Company LTD 100400
I & M Bank Limited 542542
IMPERIAL BANK LTD 800100
Jamii Bora Bank 529901
KCB 522522
K-REP BANK (Now Sidian Bank) 111999
KWFTDTM 101200
Musoni 514000
National Bank 625625
NIC Bank Limited 488488
Post Office Savings Bank 200999
Rafiki DTM 802200
Sidian Bank 111999
SMEP DTM 777001
Standard Chartered Bank 329329
Transnational Bank 862862
UBA Bank 559900
Vision Fund Kenya 200555; 549900
ABC Bank 111777
CITIBANK N.A KENYA 100229
Prime Bank 982800
Uwezo DTM 504600

 

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How to Deposit Money to ABC Bank Kenya via Mpesa

How to Deposit Money to ABC Bank Kenya via Mpesa

ABC Bank’s Lipa na M-Pesa paybill number is 111777

The Procedure for depositing money via M-Pesa to your ABC Bank account is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 111777 as the ABC Bank business no (Paybill Number) and press “OK”
  4. Enter the  account number (customers ABC Bank account) you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. ABC Bank will then send you a confirmation SMS shortly.

Charges: ABC Bank charges Kes 40* over and above what Safaricom charges

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How to Deposit Money to K-rep Bank via Mpesa

How to Deposit Money to K-rep Bank via Mpesa

K-rep Bank’s Lipa na M-Pesa paybill number is 111999. 

The Procedure for depositing money via M-Pesa to your K-rep Bank account is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 111999 as the K-REP Bank business no and press “OK”
  4. Enter the K-REP account number you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. K-REP Bank will then send you a confirmation SMS shortly.

 

Note: K-Rep bank has rebranded to Sidian Bank, you should therefore use the following instructions to deposit to Sidian bank

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Top Up Nakumatt Global Card using KCB M-Pesa Paybill

Kenya Commercial Bank (KCB) Nakumatt Global paybill number is 522522. KCB  KCB allows you to use your 16 Digit Card Number (5246 xxxx xxxx xxxx) as your Lipa na M-Pesa account number.

The Procedure for depositing money via M-Pesa to your KCB Nakumatt Global Card is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 522522 as the KCB business no and press “OK”
  4. Enter your 16 Digit Card Number (5246 xxxx xxxx xxxx) you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction (This feature is known as Hakikisha)
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. Nakumatt Global will then send you a confirmation SMS shortly.
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Top Up Nakumatt Global Card using DTB M-Pesa Paybill

Top Up Nakumatt Global Card using DTB M-Pesa Paybill

Diamond Trust bank (DTB) Lipa na M-Pesa paybill number for Nakumatt Global is 516606. DTB allows you to use your mobile number as your account number (07xx xxx xxx) for Lipa na M-Pesa.

The Procedure for depositing money via M-Pesa to your DTB Nakumatt Global Card is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 516606 as the DTB business no and press “OK”
  4. Enter your mobile number as your account number (07xx xxx xxx) you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction (This feature is known as Hakikisha)
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. Nakumatt Global will then send you a confirmation SMS shortly.
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How to Deposit Money to Nakumatt Global via Mpesa

How to top up Nakumatt Global Card using M-Pesa

Nakumatt Global has two partners, Diamond Trust bank (DTB) and Kenya Commercial Bank (KCB). Diamond Trust bank (DTB) Lipa na M-Pesa paybill number is  516606 while the KCB paybill number is 522522.

DTB allows you to use your mobile number as your account number (07xx xxx xxx) for Lipa na M-Pesa while KCB allows you to use your 16 Digit Card Number (5246 xxxx xxxx xxxx).

Top Up Nakumatt Global Card using DTB

The Procedure for depositing money via M-Pesa to your DTB Nakumatt Global Card is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 516606 as the DTB business no and press “OK”
  4. Enter your mobile number as your account number (07xx xxx xxx) you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction (This feature is known as Hakikisha)
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. Nakumatt Global will then send you a confirmation SMS shortly.

 

Top Up Nakumatt Global Card using KCB

The Procedure for depositing money via M-Pesa to your KCB Nakumatt Global Card is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 522522 as the KCB business no and press “OK”
  4. Enter your 16 Digit Card Number (5246 xxxx xxxx xxxx) you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction (This feature is known as Hakikisha)
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. Nakumatt Global will then send you a confirmation SMS shortly.
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How to get a KCB M-PESA account

How to get a KCB M-PESA account

Dial*844#. Accept the Terms and Conditions. You will receive an SMS with your PIN. Dial *844# to access the KCB M-PESA Account Menu and enter the PIN. Change PIN option will be available under my account.

KCB M-PESA is a savings account that enables you to access instant loans up to KSh 1M upon dialing *844#.

  • The KCB M-PESA Account features include:
  • Minimum saving of Kshs.1 and maximum saving of KSh 1M
  • Personal accident insurance benefit based on savings
  • Interest on savings of 2% p.a.

You may load your savings easily and conveniently via M-PESA, KCB Mobi, Mtaani agent and/or branch and withdraw your KCB M-PESA account savings only via M-PESA.

Loans

You can borrow instantly without saving with disbursement being to KCB M-PESA Account Loan Limits (Kshs.100 to KSh 500,000 with a top up option)

You can choose flexible repayment periods of 1 month, 3 months and 6 months via M-PESA, KCB M-PESA Account and Mobi/Branch/Mtaani with an option of Partial payments.

The interest on the loan include:

  • 30 day loan at 6% per month
  • 90 day loan at 5% per month
  • 180 day loan at 4% per month

The KCB M-PESA Account Fixed Deposit accounts

There are two types of fixed deposit accounts available to you as a KCB M-PESA Account holder. They include

  • Fixed Savings Account
  • Target Savings Account

Fixed Savings Account

This Account allows you to lock a specific amount of cash for a certain period of time.

How does it work?

  • You will not be able to top-up to the amount saved.
  • Locked periods include 1, 3, 6, and 12 months with minimum amount of KSh 500.
  • Upon early or premature redemption, you will forfeit all interest accrued.
  • You get cash back immediately to KCB M-PESA account on prompting cash back
  • You also get Life insurance benefit based on fixed deposit savings.

Target Savings Account

This account allows you to set a target and make deposits towards achieving that target.

How does it work?

  • You will top up continuously until you achieve your target.
  • The account is accessible with standing orders from M-PESA or KCB M-PESA Account
  • You can choose from target periods of 1, 3, 6 and 12 months with minimum contribution of KSh 50.
  • You will also earn interest on cumulative interest
  • You are allowed up to 4 withdrawals within target lock period to maintain interest.
  • You will get cash back immediately to your KCB M-PESA account on prompting cash back

 

Source: How to get a KCB M-PESA account