Lipakwa M-Pesa Overview
What is Lipa kwa M-Pesa
Lipa kwa M-Pesa’ is Vodacom’s Merchant payments solution launched In November 2016 to digitize payments in the Tanzania retail Ecosystem and enable merchants and retailers collect payments seamlessly while helping customers to avoid the risks and burdens of carrying cash. In March 2017 Vodacom enhanced the service by launching a new M-Pesa App which amongst other benefits, supports QR-code payments which simplifies the payment experience further by eliminating the need to type in till numbers at retail touch points. QR codes is new in mobile money platforms in Tanzania, geared to enable simplicity and sophistication of M-Pesa transactions. QR codes offer a quick way to skip the step where a payer has to enter the payee’s account details. By scanning a merchant’s QR code, the customer automatically captures information regarding the merchant’s till number or bank account.
This merchant payments solution gives M-Pesa customers a superior payment experience to enable them achieve all of their payment transaction needs In a secure, seamless and convenient manner compared to cash which is risky, costly and bulky. Paying by M-Pesa through Lipa kwa M-Pesa will enable you to enjoy the following benefits.
- All networks and bank accounts connected to M-Pesa payments
- Safe, not bulky and risk-free. (Avoids risk of robbery, theft, fake notes, Contaminations with Germs)
- Faster and convenient for distance payments (higher velocity compared to cash)
- Simple and efficient. No hassle for change, Simplicity of QR codes, keeps all transaction records.
- Pay by M-Pesa fees now 0.5% of the paid value for transactions of up to Tsh 1.5M, Tshs 7500 for Tshs1.5M-Tshs2M and Tshs 8000 for transactions above Tshs2M..
The Lipa kwa M-Pesa solution will enable you to pay conveniently to a diverse group of merchants across all sectors like
- Pubs and bars
- Hotels, restaurants and Cafes
- Fuel stations
- Cinema outlets
- Hardware stores
HOW TO PAY MERCHANTS: VODACOM CUSTOMERS:
After getting service at the point of service which accepts M-Pesa (Restaurant, Bar, supermarket, fuel station etc.), Go to your M-Pesa Menu through *150*00# or through your M-Pesa app > choose Pay by M-Pesa then enter the Lipa number displayed or Scan through the QR code displayed. Then enter AMOUNT as per the bill received and confirm with your M-Pesa PIN. Both you and the Merchant will receive an instant SMS to confirm the Transaction.
HOW TO PAY MERCHANTS: CUSTOMERS OF OTHER NETWORKS
After getting service at the point of service which accepts M-Pesa (Restaurant, Bar, supermarket, fuel station etc.), Go to your mobile wallet Menu > Choose Send Money > To Other Networks > M-Pesa then enter the Lipa number displayed. Then enter AMOUNT as per the bill received and confirm with your mobile wallet PIN. Both you and Merchant will receive an instant SMS to confirm the Transaction. This transaction will be FREE for the merchant but you will incur minimal transaction fees from your network.