By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Safaricom customers set to make payments with Internet bundles
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > Business > Safaricom customers set to make payments with Internet bundles
Business

Safaricom customers set to make payments with Internet bundles

hallanaija
Last updated: June 29, 2023 5:59 am
hallanaija
2 years ago
Share
Safaricom
Safaricom PLC Chief Executive Officer (CEO), Peter Ndegwa during the 2022- 2023 Financial Year Results announcement at Michael Joseph Centre. FILE PHOTO | POOL
SHARE

Safaricom has unveiled a new payment option allowing its millions of customers to pay for goods and services using their Internet data balances as it moves to reduce related liabilities.

Dubbed ‘Lipa na Data’, the service allows users with 5GB and above of data balance to make payments at shopping outlets via Paybill or till numbers by dialling *544*34#.

The provision is accessible to both Safaricom post-pay customers with a data balance of 5GB and above as well as to prepaid customers with ‘no expiry’ bundles above 5GB.

It comes on the back of another campaign to increase redemption of its loyalty programme, popularly known as Bonga Points, and unlock the underlying revenue running into billions of shillings.

On dialling the payment request code, the bundle calculator gives the bill in Kenya shillings in its data bundle equivalent and prompts the user to either agree or decline to proceed with payment.

For example, Sh500 is equivalent to 7,692.21MBS (7.7GB), while Sh2,000 is equivalent to 30,769.23MBs (30.8GB).

“You can make a payment of Sh500 with 7,692.21MBs. Proceed to pay: 1: Yes 2: No 0: Back,” reads the prompt on making a payment attempt.

READ MORE  Hashi to face hammer due to Sh5b debt
Safaricom
Safaricom PLC Chief Executive Officer (CEO), Peter Ndegwa during the 2022- 2023 Financial Year Results announcement at Michael Joseph Centre. FILE PHOTO | POOL

If the data balance is below the required 5GB, a user will be notified that they are not eligible for the service.

The launch of the service comes as an add-on to a raft of other existing payment plans offered by the telco’s M-Pesa e-wallet, which include direct payments from the user’s deposits and the Fuliza overdraft service used by customers who do not have sufficient deposits to match their purchasing bills.

Safaricom also runs the ‘Lipa na Bonga’ service that allows users to redeem their loyalty points and use them to clear cash bills.

The giant telco has recently embarked on an aggressive revenue optimisation drive. Among the most notable moves are expanding the fifth generation (5G) network coverage to Kenya’s 21 counties in April and introducing the Fuliza overdraft service for businesses last month.

The telco posted its third consecutive full-year profit fall to stand at Sh52.5 billion for the year ended March 2023, a trend attributable to continued heavy capital investments in the Ethiopian venture.

CBK approves acquisition of Spire Bank by Equity Bank
Acorn to buy land in Juja, Nairobi for more hostels
Ruto administration to borrow Sh3.6 trillion in first term
KenGen delays payment of Sh923m Treasury dividend
Cytonn woes deepen as receiver eyes assets
Share This Article
Facebook Email Print
Previous Article offence MPs move to scrap idle, disorderly offence from law
Next Article Lake Turkana Wind Power (LTWP) UK company to pay Sh14.5bn for Lake Turkana Wind Power stake
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Former Russian president reminds Trump of Russia’s ‘dead hand’ nuclear strike capability
  • Suspected Arkansas double murd3rer arrested while getting a haircut
  • Paris Jackson and her fiancé end their engagement a week after she was spotted crying in public
  • Singer Justin Timberlake reveals Lyme disease diagnosis
  • Kenya Power warns public against conmen posing as CEO Siror

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?