M-Pesa is a mobile money service. It enables any Vodacom subscriber who registers for the service to send and receive money, top-up airtime and make bill payments (Electricity, Water, DSTV, etc...) from their mobile device. Subscribers can register for the service by dialling *111#.They can also deposit and withdraw from any of our +4000 agents across the country and make direct merchant payments at participating retailers.
Vodacom M-Pesa Merchant Facility is a function that enables customers to pay for goods and services using a Mobile phone. The transaction is performed on any mobile phone at the comfort of the payer and the merchant receives payments electronically.
The business submits required documents.
VCL will create an e-money account for the business where all e-money payments from customers are credited into.
The business is FREELY issued with a phone to be able to view transactions, balance and mini statements.
The business also has access to Web Channels provided by Vodacom, to allow free access to the merchant account and statements.
The business can withdraw funds out of their M-Pesa account by :
Withdrawing at an M-Pesa agent including Vodacom shops with no limit restriction
OR
Withdraw through the use of web Channels provided by Vodacom at your own convenience.
There is no fee charged for Merchant to Merchant transactions.