What is Pochi la Biashara?
This is a product that allows M-PESA to register customers who own informal businesses such as: food vendors, kiosk owners, boda-boda operators, secondhand clothes dealers among others, to receive and separate business funds from personal funds on their M-PESA number.
Will the Pochi merchant be issued with a new SIM card or till number?
No new mobile number or till will be issued. Pochi la Biashara will be activated on the existing SIM card that is registered n M-PESA. It will therefore use the same mobile number as M-PESA.
What are the transaction value limits for Pochi la Biashara?
Normal M-PESA limits of KSh 250,000 per transaction and KSh 500,000 per day apply.
How do customers make payments to Pochi la Biashara merchants?
The customers can use the following procedures to make payments to Pochi la Biashara merchant.
On M-PESA App
- Log into the M-PESA App
- Select Pochi la Biashara.
- Enter the Pochi Mobile Number
- Enter Amount to pay.
- Enter M-PESA PIN
On *334# menu
- Dial *334#
- Select Send Money
- Select Pochi la Biashara.
- Enter the Pochi Phone Number
- Enter Amount
- Enter M-PESA PIN
SIM Toolkit (Safaricom) Menu
- Open the Safaricom Menu
- Select M-PESA
- Select Lipa na M-PESA
- Enter the Pochi Phone Number
- Enter Amount
- Enter M-PESA PIN
How can merchants withdraw funds in their Pochi la Biashara account?
The Pochi merchant can withdraw funds at an M-PESA agent by:
- Dialing *334#
- Select Pochi la Biashara.
- Select Withdraw Cash
- Enter Agent Number
- Enter Store Number
- Enter Amount
- Enter M-PESA PIN
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