October 2, 2024
Safaricom Launches M-PESA Ratiba for Automated Standing Orders
With M-PESA Ratiba, users can now automate recurring payments such as rent, school fees, and utility bills on a daily, weekly, monthly, or yearly basis. This feature simplifies money management by ensuring automated and hassle-free transactions, giving users peace of mind with their financial obligations.
Safaricom has introduced M-PESA Ratiba, a groundbreaking feature that allows Kenyans to set up standing orders directly from their M-PESA accounts. This innovative service provides access to mainstream financial services for underbanked users, while also supporting the growth of a cashless Kenyan economy.
With M-PESA Ratiba, users can now automate recurring payments such as rent, school fees, and utility bills on a daily, weekly, monthly, or yearly basis. This feature simplifies money management by ensuring automated and hassle-free transactions, giving users peace of mind with their financial obligations.
Accessible via both the M-PESA app and USSD, M-PESA Ratiba is set to transform how Kenyans manage their recurring payments, further cementing M-PESA’s role as a leading mobile money solution in Kenya.
