safaricom mobile money
There are 2 ways to contribute money to your mbao pension account using Mpesa, if you are a Safaricom subscriber.
1. M-pesa mobile app OR M-pesa sim tool kit
Go to Menu > Pay Bill > Enter business no: 710710 > Enter Account [Your ID No] > Enter amount [contribution amount] >Enter your own M-Pesa Pin > Confirm OK > Wait for M-Pesa SMS Reply.
2. M-pesa USSD payment
Dial *334# > Choose option 6. Lipa na Mpesa > Choose option 1. Pay Bill > Enter business no: 710710 > Enter Account no [Your ID No] > Enter amount [contribution amount] >Enter your own M-Pesa Pin > Confirm OK > Wait for M-Pesa SMS Reply.
Online transfers from any bank account
Members can also do the contribution to your own Mbao pension account using Bank transfers to the Mbao custody account.
For using Bank Transfers, member would need to register their Bank account details with us. Use there national ID & full name in the reference details of the bank transfer. Once the bank transfer is executed, kindly share the executed payment advice for reconciliation.
You can also place a weekly, monthly contribution standing order with your bank. To know more details about banking instructions, please reach out to us through our chat feature.
Our future plans
We want to revamp our offerings in alignment with the changing times by delivering a more seamless experience for our members and widen our reach so that we can impact and benefit the life of millions of people in Kenya and beyond.