Pochi La Biashara is an M-Pesa product that allows people with informal businesses like kiosk owners, boda-boda operators, food vendors, and second-hand clothes dealers to receive and separate business funds from personal funds on their M-Pesa number.
This M-Pesa product requires very simple steps to get registered and enjoy the full benefit of planning your business finances appropriately without interference from other day-to-day M-Pesa transactions.
Standard normal M-Pesa transaction charges apply on all Pochi La Biashara transactions.
Advantages of M-Pesa Pochi la Biashara
- Simple to register, no paperwork needed
- You are able to separate business funds from personal funds
- Payments once done cannot be reversed without the business owner’s approval
- You can sell Airtime from Pochi La Biashara and earn a 5% commission
- You can access Mini statements showing the latest top transaction
- Fuliza does not deduct loan settlements from Pochi
- Daily transaction limit is Ksh. 300,000.
How to Register for Pochi La Biashara
You will need a registered Safaricom M-Pesa line in order to opt in for this service.
- Dial *334# and call
- Select the option Pochi la Biashara
- Now, select Join Pochi and Send
- Then, select Accept, to accept Safaricom’s Terms and Conditions
- Select your Business Category or Service Providers
- After some time you will receive an SMS confirming successful registration.
How to Use Pochi La Biashara
You can access Pochi la Biashara services using the USSD code *334#, M-Pesa STK menu or using the M-Pesa app.
Deposit Money to Pochi or Receive Payments
For customers to deposit into your Pochi they can do the following:
- Dial *334# or Select Lipa na Mpesa from M-Pesa menu
- Select Pochi La Biashara
- Select Send to Pochi (for USSD)
- Enter the merchant’s phone number
- Enter amount
- Complete the transaction using your M-Pesa PIN and send
- The merchant will receive a deposit notification.
For a business owner to pay other Pochi la Biashara merchants:
- Dial *334#
- Select Pochi la Biashara
- Select Send to Pochi
- Enter phone number
- Enter amount and completes the transaction using M-Pesa PIN
Sell Airtime from Pochi
- Dial *334#
- Select Pochi la Biashara
- Select Sell Airtime
- Enter mobile number in the specified format
- Enter amount of airtime and completes the transaction using your M-Pesa PIN
Check Pochi Balance
- Dial *334#
- Select Pochi La Biashara
- Select my Account
- Select Check Balance and enter your M-Pesa PIN
- An SMS will be sent with the Pochi La Biashara balance.
How to Withdraw Money From Pochi
To Move Money to Your M-Pesa Number:
- Dial *334# and Select Pochi la Biashara
- Select From Pochi la Biashara to My M-Pesa
- Enter the amount and complete the transaction using your M-Pesa PIN
Note: This transaction does not incur any charges. However, the daily M-Pesa transactional limit applies.
To Withdraw Through M-Pesa Agent:
- Dial *334# and Select Pochi la Biashara
- Select Withdraw from Agent
- Enter Agent Number
- Enter the amount and complete the transaction using your M-Pesa PIN
Note: Normal withdrawal from agent charges apply.
How to Check Statement
To access the Statements:
- Dial *334# and Select Pochi la Biashara
- Select My Account
- Select My Statement
- Select Mini Statement and Enter M-PESA PIN to confirm the statement request
- You will receive an SMS displaying the statement requested.
Note: No charges are applied.
How to Opt Out of Pochi la Biashara
To opt out of this product, you will:
- Dial *334# and Select Pochi la Biashara
- Select My Account
- Select Leave this Service
- You will receive an SMS confirmation that you have opted out of the service.
Note: Upon opting out, any funds on the business account will instantly be moved to your personal M-Pesa account.