How to Join Safaricom Pochi La Biashara
Are you looking for an easy way to manage your business and personal finances? Safaricom Pochi La Biashara is the perfect solution for entrepreneurs who want to separate their M-Pesa accounts into individual personal and business wallets with a simple sign-up process.
In this blog post, we’ll walk you through how to join Pochi La Biashara and withdraw money from it. So, let’s get started!
How to join Pochi La Biashara
To join Pochi La Biashara, you need to take the following steps:
- Dial *334# on your M-Pesa menu
- Select ‘Pochi la Biashara’ and proceed with registration
- Accept the terms and conditions
- Select your business category
Once all of the above steps have been completed, you will receive an SMS confirmation that you have successfully enrolled.
How does Pochi La Biashara work?
Pochi La Biashara is a convenient solution that allows you to manage your finances more efficiently by allocating funds from your M-Pesa account into separate business.
You have the option to save, but no interest will be earned. To maximize your savings and increase your loan limit, it is recommended that you use Mshwari as it provides a rate of return on deposits made.
How to withdraw money from Pochi La Biashara
From Pochi La Biashara to M-Pesa
You can withdraw money from your Pochi La Biashara wallet to your M-Pesa account without any extra transaction charges. Here’s how to do it:
- Dial *334# and select ‘Pochi La Biashara’
- Choose the option for withdrawing funds
- Select ‘From Pochi La Biashara to M-PESA’
- Enter the amount you want to transfer
- Confirm with your M-Pesa PIN.
From Pochi La Biashara at an M-Pesa Agent
To withdraw money from your Pochi La Biashara account at an M-Pesa agent, use the following steps:
- Dial *334# and select ‘Pochi La Biashara’
- opt for ‘withdraw from agent.’
- Enter the M-Pesa agent number
- Input the desired withdrawal amount
- Confirm with your M-Pesa PIN to complete the transaction.
Note: This procedure is free of charge.
From Pochi La Biashara to Customer’s Number (M-Pesa)
If you need to transfer money from your Pochi La Biashara wallet to the M-Pesa account of a customer, here is how you should proceed:
- Dial *334# and select ‘Pochi La Biashara’
- opt for Lipa na M-Pesa and then select other mobile numbers
- Enter the customer’s phone number
- Enter the amount of payment you wish to send
- Confirm with your own M-Pesa PIN.
Transaction cost and charges
When using Pochi La Biashara, no additional charges will be incurred in the transaction; only the standard M-Pesa rates for customers will apply.
Transaction limits
The PIN number assigned to your M-Pesa account will be required for authorization of Pochi La Biashara transactions.
A daily transaction limit of up to KES 300,000 is placed on each individual personal and business account.
How to Transfer Money from M-Pesa to Pochi La Biashara
Using the USSD Code
To transfer money from M-Pesa to Pochi La Biashara, here is what you need to do:
- Dial *334# and select ‘Pochi La Biashara’
- opt for the ‘Send To Pochi’ option
- Enter the merchant’s phone number
- Input the transaction amount
- Confirm by entering your M-Pesa PIN
Using your SIM Tool Kit
Your customers can also take advantage of the STK (Sim Tool Kit) function to transfer money from their M-Pesa account to your Pochi La Biashara wallet. Here is how they should proceed:
- Go to their phone’s Sim Tool Kit and select ‘Lipa na M-PESA’
- Select ‘Pochi La Biashara’
- Enter your merchant phone number
- Input the transaction amount
- Confirm with their own M-Pesa PIN
Using the M-Pesa App
Once you’ve downloaded the M-Pesa Super App from either the Google Play or App Store, you can use it to transfer money to a merchant via Pochi La Biashara. Here are the steps:
- Launch the M-Pesa app
- Select ‘Pochi La Biashara’ and click on Pochi La Biashara
- Enter your recipient/merchant phone number
- Enter the amount of payment you wish to send
- Lastly, confirm by entering your own M-Pesa PIN.
Read Also How to Join Safaricom Pochi La Biashara
Benefits of joining and using Pochi la Biashara
Funds security
You can rest assured that your funds are secure when using Pochi La Biashara. Unlike other payment methods, customers will not be able to reverse payments made to you without your explicit consent.
This way, you’ll never have to worry about preventable losses in your business.
Commissions
When you join Pochi La Biashara, you’re able to take advantage of the opportunity to earn a commission from selling airtime.
With every purchase made, a 5% commission will be credited back to your wallet – giving you an even greater incentive for buying more airtime.
Plus, customers can use Pochi La Biashara’s payment service when making transactions with you, allowing them to keep track of their business funds separately from their personal finances in their M-Pesa account.
Saves you when having Fuliza
When you have a Fuliza loan, it can be intimidating to receive money directly onto your phone as Safaricom will automatically deduct from the funds.
With Pochi La Biashara, however, this is not an issue; the money you receive remains untouched until you manually transfer it into your M-Pesa wallet.
Conclusion
Pochi La Biashara is a convenient solution for entrepreneurs looking to manage their finances better and take advantage of the opportunity to earn commissions from selling airtime.
With its easy sign-up process and simple withdrawal methods, it’s never been easier to separate your M-Pesa account into two distinct personal and business accounts.
Furthermore, Pochi La Biashara allows customers to keep track of their business funds separately from their personal finances in their M-Pesa account. So, what are you waiting for? Sign up now and start enjoying the many benefits that come with using Pochi La Biashara!
