Safaricom has introduced the launch of an MPesa Invoice Administration service for MPesa clients providing digital receipts.
The brand new service supplies MPesa clients with a single level the place they’ll view all their payments, obtain reminders and automate cost of payments.
The innovation targets colleges, landlords, utilities and different companies with repeat funds, providing a platform the place they’ll current and obtain pending funds from clients, and situation digital receipts.
For colleges, the Invoice Supervisor platform will allow administration to customize the totally different kind of charges resembling tuition, lunch, transport, faculty journeys amongst others, and in addition to ship payment reminders to oldsters and guardians.
Landlords and property brokers can ship lease cost reminders and reconcile any acquired funds.
For utility suppliers resembling water and web suppliers, the service will allow them to mechanically invoice their clients who can have a option to simply view and handle pending payments.
“M-PESA Invoice Supervisor empowers hundreds of Kenyan companies, particularly colleges and landlords, to digitise their companies past simply gathering funds at no extra price. The service will equally empower hundreds of thousands of M-PESA PayBill clients with higher record-keeping by offering digital receipts for every cost. Our ambition is to empower each companies and our clients simply handle and hold observe of funds,”stated Safaricom Chief Govt Officer Peter Ndegwa.
All funds acquired by means of M-Pesa are immediately reconciled on the platform, which additionally supplies an choice to manually add funds. SMS invoice requests and invoices will likely be mechanically generated and despatched by the system for gratis to the enterprise.
Prospects utilizing the service will immediately obtain an SMS reminder when a brand new invoice is generated or when the invoice is due. The platform will likely be supplied free to all companies with a Lipa Na M-Pesa Pay Invoice who can log in to the positioning.
All M-Pesa clients can handle their payments by means of the Invoice Supervisor choice beneath Lipa Na M-PESA on *334#, and on the upcoming M-PesaApp.
Apart from mechanically receiving invoices and receipts, clients can equally question pending payments at any time.
With automated invoice monitoring and reconciliation, the service saves a enterprise’ clients from having to queue to bodily make funds and having to current paper working detailing the cost.