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How to Fuliza M-PESA

Fuliza M-PESA is a new overdraft service which allows M-PESA customers to complete their M-PESA transactions when they have insufficient funds in their account.

Here’s how you can register and use the service -:

  1. Dial *234# and select Fuliza M-PESA to opt in. You need to be an M-PESA registered customers with an active Safaricom line.
  2. Once you have opted in, you can Dial *234# and Select Fuliza M-PESA to check your limit, balance, mini statement and opt out option. Every time you transact using Fuliza, you will receive an sms with the outstanding Fuliza amount.

You can also install the mySafaricom app that is available on Android and iOS. The app allows you to monitor your fuliza without having to dial *234#

HOW TO INSTALL THE MYSAFARICOM ANDROID APP         

Fuliza M-Pesa does not allow you to withdraw money. Here are a few other facts -:

How many accounts can I hold for Fuliza M-PESA services?

Every M-PESA registered line will be treated as a different account. Each mobile number will qualify for Fuliza M-PESA and will be awarded a limit. This limit will be reviewed every 3 months depending on your usage.

How many times can I use Fuliza M-PESA?

You can use it as many times as needed as long as you are within the allocated Fuliza M-PESA limit.

Which M-PESA transactions can I complete using Fuliza M-PESA?

  • Lipa Na M-PESA: Buy goods and Paybill as well as Send money

How do I use my Fuliza limit?

All you need to do is transact normally on M-PESA and if you have insufficient funds, Fuliza M-PESA will cover the shortfall.

How do I grow my Fuliza M-PESA limit?

Continue using Safaricom and M-PESA services frequently and repay Fuliza M-PESA on time by toping up your M-PESA account.

How much will I be charged for using Fuliza M-PESA?

You will be charged 1% access fee and a maintenance fee on the outstanding balance as per below table. Normal M-PESA transaction charges apply.

 

Band Tariff Promotional Tariff for 30 day from launch
0 -100 One-time fee of Ksh 2 One-time fee of Ksh 0
101-500 Ksh 5 per day
501-1000 Ksh 10 per day
1001-1500 Ksh 20 per day
1501-2500 Ksh 25 per day
2501-70000 Ksh 30 per day  

 

Are there any Penalties for late repayment?

You will not have access to your Fuliza M-PESA limit if you have any unpaid balance after day 30. This will however be restored on full repayment of your Fuliza balance.

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.
how-to-deposit-money-to-barclays-bank-kenya-via-mpesa-fw

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.
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.”

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

 

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

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

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.
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.
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.