
M-PESA Integration
At Jumbostar Solutions Limited, we can integrate your
Core Banking System to the M-PESA platform: both
Business-to-Customer (B2C) and Customer-to-Business
(C2B).
Using B2C, members are able to withdraw funds from their
accounts at the SACCO and have the funds sent to their MPESA
virtual accounts from where the member can use MPESA
in the normal way.
Using C2B (popularly known as Paybill), members can send
funds from their M-PESA virtual accounts into their accounts
at the SACCO. They can instruct the system to transact
with the deposited funds eg to buy shares, pay for loans and
interest; or top-up their savings.
We can also setup M-PESA Standing Orders for sending
periodic funds to specific phone numbers (eg to relatives or
employees).