Micro traders push M-Pesa Pochi users past business tills

Safaricom shop

A Safaricom Shop located along Kimathi Street in Nairobi on March 8, 2023.

Photo credit: File | Nation Media Group

The proliferation of micro traders such as food vendors, kiosk owners, boda boda operators and second-hand clothes sellers has pushed adoption of M-Pesa’s Pochi la Biashara wallets ahead of business tills.

The product, which allows traders to receive and separate business funds from personal cash, has surpassed business tills under Lipa na M-Pesa by addressing key merchant pain points such as payment reversals.

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