With the advance in technology and the popularity of mobile money services in Kenya, millions of Kenyans no longer use cash to pay for services and products. Many payments currently are made via mobile money wallets such as M-Pesa.
With the rise in the popularity of mobile payments, the popularity of Paybill numbers has grown. Paybill numbers are short numbers that a person uses to while making payments to a vendor to a specific account number.
There are two types of Paybills; Buy Goods and Services, and Paybill. For the Buy Goods option, no account number is required. Some of them do not deduct transaction charges. For the Paybill option, one has to provide an account number and charges apply.
The difference between an M-Pesa Paybill number and Buygoods is a service that a Paybill allows a business to collect money on a regular basis from its customers through the use of M-PESA while Buy Goods/ Till number allows an individual to pay for goods and services.
Supermarkets, for instance, use Buy Goods and Services option. Most other service providers such as GOtv, SportPesa, DStv, and Zuku use Paybill numbers because one has to input their account numbers. In fact, service providers such as those dealing on the Internet never accept cash from customers.
Here are the 10 most popular Paybill numbers:
- NSSF Paybill 333300
- KPLC Paybill 888880
- GOtv Paybill 423655
- HELB Paybill 200800
- DStv Paybill 444900
- Zuku Paybill 320320
- Absa Bank Kenya Paybill 303030
- Startimes Paybill 585858
- SportPesa Paybill 955100
- KCB Group Paybill 522522
The Paybill service is a cash collection service that allows your organization to collect money on a regular basis from your customers through M-PESA. Through Paybill numbers, you are able to serve your clients much better as your customers are able to pay for services with ease and timeliness.