This integrated mobile and online based solution issues you with a business account that comes with an M-PESA Pay Bill or Buy Goods Till Number for easy payment collection.
Why choose the Mobile 2 Bank
Seamless payment collection from customers
Businesses can collect money directly from mobile wallets into their SBM accounts
Pay another business from your bank account through the mobile money app
M-PESA agents can purchase float directly from their SBM bank accounts
Access to quick unsecured loans through the platform
Eligibility / Documents Required
Applicant must have an active account with SBM bank
For Pay Bill platform, business must need details captured under accounts section i.e. name
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Rates & Fees
Pay Bill charges are borne by the sender
Till Number charges are borne by the business
General Tills - 0.5%
Wholesaler Tills - 0.25%
Petroleum Tills - 0.5% (charges are borne by the sender
Payments between 0 and 200 - Free.
Maximum charge for amounts between 40,000 and 70,000 – Kes. 200