This is a step-by-step guide on how to register for Mpesa Pochi La Biashara. Pochi La Biashara is a product by Safaricom that allows Mpesa-registered customers who own informal businesses to receive and separate business funds from personal funds on their Mpesa number.
Features Of Pochi La Biashara
- No reversals will be completed without the business owner’s consent.
- No paperwork involved.
- Business owners can accept cashless transactions for safer business.
- Allows business owners to seperate business and personal funds.
- Sell airtime and earn a commission of 5% of the value sold.
- Access to mini statements.
- Your Mpesa PIN will be used to approve Pochi La Biashara transactions.
- Daily transactional limit of Kshs 300,000 umbrella limit for both the personal and business account apply.
- Send money transaction charges apply when a customer is making payments. The business owner receiving the payment does not incur any charges.
- Funds received on the Pochi La Biashara account will not be deducted by Fuliza.
- The business owner can access mini statements by simply dialing *334#, then follow the steps as will be indicated.
How To Join Pochi La Biashara
- Using your Mpesa line, dial USSD *334#.
- Select Pochi La Biashara.
- Select Join.
- Accept Terms and conditions.
- Select Business category.
- You will receive an SMS confirmation indicating that you have been opted in successfully.
How To Access Funds From Pochi La Biashara
To access funds, a business owner can either withdraw funds from an agent or move the funds from business to personal account. The steps are shown below.
1. Withdraw Funds From Agent
- Dial *334#.
- Select Pochi La Biashara.
- Choose Withdraw Funds.
- Select From Agent.
- Enter Agent Number and Amount.
- Enter Mpesa PIN to complete the transaction.
2. Withdraw From Business To Personal Account
- Dial *334#.
- Select Pochi La Biashara.
- Choose Withdraw Funds.
- Select From Business to Personal Account
- Enter Amount then PIN.
Check out: Pochi La Biashara Charges
