Pochi La Biashara is a payment service from Safaricom’s M-PESA that allows small business owners to receive customer payments directly into a separate wallet.
This service is designed to help informal business operators such as food vendors, kiosk owners, and boda boda operators, among others, manage their business transactions separately from their personal funds.
It also provides privacy for the business owners, as they do not need to share their personal M-PESA details with customers.
In this quick guide, we show you:
- How to move money from your M-Pesa to your Business account
- How to send money from M-Pesa to a given Pochi la Biashara account
- Pochi to Pochi transactions
- Pochi to M-pesa transactions
Note that, while you don’t need a Pochi la Biashara account to make payments to other Pochi la Biashara accounts, e.g. when buying goods and services, you will need one if you want to manage business funds separately.
Here is how to create a Pochi la Biashara account.