M-Lipa

M-Lipa is a Tanzanian payment gateway service that lets merchants process the payments you make via various cards and mobile money and banking and has become popular among betting companies in Tanzania.

The business brings local mobile money payment systems like American Express, MasterCard, and Visa together. You’ll also be able to access your Airtel Money, M-Pesa, Tigo Pesa, and Z-Pesa accounts.

How to Use M-Lipa

M-Lipa lets you deposit money into an account stored on your smartphone. You can send payment using a PIN-secure SMS to selected merchants and to redeem deposits. You’re charged a small fee for sending and withdrawing cash like this, but the incredible convenience makes it more than worthwhile. The service is branchless, so you will be transacting via a network of agents like airtime merchants and retail outlets that are authorised to act as banks.

An M-Lipa account means that, as long as you’ve got your cellphone, you’ve got cash in hand. Dial the dedicated number on your mobile phone and choose the option you want to bank by. Enter the merchant’s Business Number, your account ID as a reference number, and how much you want to deposit. Enter your unique code, confirm the transaction, and the process will be completed.