For a small business, digital payments are more than giving customers another way to pay. The cost of receiving and moving money can also affect how much a business is left with at the end of the day. If not properly checked, you may lose a significant part of your profit just by moving money around.
Safaricom’s Pata More campaign is adding value to the Lipa na M-PESA Business Till. It is giving small businesses more room to manage their digital transactions.
Receive payments of up to KES 500 for free
One of the changes highlighted in the campaign is that you can receive payments of up to KES 500 for free through their Lipa na M-PESA Till.
If you run a business that regularly handle smaller purchases, this is very relevant to you. The target audience is businesses such as cereal shops, mini-marts, butcheries and shoe and clothing stores.
50% off payments made from the Till
The benefit is also applicable if your business occasionally makes payments from its Till.
Safaricom says the Lipa na M-PESA Till offers 50% off payments from the Till. This makes it easier for you to reduce the cost of moving money for business purposes.
Making everyday payments simpler
For a small business owner, the value is all about making digital payments work better for everyday operations.
Having a Business Till gives your business a dedicated channel for receiving payments.
You can also get additional value from that existing payment infrastructure with the additional Pata More benefits,
Getting a Business Till
You can access a Till through M-PESA Business Till or by dialing *234# and selecting the Business Till option.
These changes show how the value of a payment service can extend beyond just receiving money.
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