Lipa kwa simu

Is a mobile money service that enables businesses to accept digital payments for sales of goods or services through mobile money wallets from all MNOs
This is a digital lifestyle merchant solution that simplifies life for both customers and merchants. LipaKwaSimu enables customers, from all networks to make payments of goods and services at registered Lipa Kwa Simu merchants.

Customers can access this service from their Tigo Pesa Menu and the Tigo Pesa App.

Merchants however must be registered to be able to receive mobile money payments

It’s free and very simple to become Lipa Kwa Simu (LKS) Merchant for Business owners.

This service caters to all types of businesses, micro, small, medium, and large businesses across different verticals
All you need is to be an active Tigo Pesa Customer with the below documents:

• Normal Business (Shops, Saloon, Bar, Restaurants, Pharmacy, and Hardware)
  • Business License
  • TIN Number
• For Companies
  • Business License
  • TIN Number
  • MEMART
  • Introduction Letter
• For NGOs, Churches, and Mosque
  • Certificate of registration
  • Introduction Letter

Lipa Kwa Simu (LKS) is a digital solution that enables businesses to receive digital payments for the sale of goods and provision of services to valid transacting customers for ONLY

A Wakala/Agent is a Tigo Pesa partner whose role is to facilitate Cash IN and Cash OUT for customers.

It is an offense to use Lipa Kwa Simu number for any other activity apart from receiving payments of goods and services for your business from customers.

Below are Lipa Kwa Simu (LKS) Merchant benefits:

• It helps all merchants to accept digital payments which is a convenient and secured means of payments from all channels (USSD, App, and Web)
• It helps merchants keep records of their transactions.
• Merchants can formalize their financial statements and expose them to other financial services i.e., Loans, Insurance, and Savings.
• Merchants can receive payments across all Tanzania networks
• It’s easy to use and a more secure way to receive or make payments.
• Free cash out for the first transaction of the day which is below 500,000 Tsh and the rest are charged at a discounted rate without levy (50% of the customer cash-out charge/s).
• Customers can pay merchants at discounted fees without the levy.
• Merchant can add more than one number to receive notifications (This means all collections will be managed centrally and cashiers will only receive payments notification) giving the owner flexibility in managing his business.
• Auto sweep feature which allows merchants to schedule their bank transfer of all collected funds to any bank. They can schedule within a range of 6,12 or 24 hours or once a week
• Free E-statement to Lipa Kwa Simu (LKS) Merchant for the last month and previous month, TZS 1000 for the last 3 Months E-Statement, and TZS 1000 for the last 6 Months E-Statement.
• Giving the business manager the ability to receive transaction reports on their phone number.
• Merchant will have the ability to log into a portal that will enable them to access sales reports and utilize other services. https://lipakwasimu.tigo.co.tz/

You can register a maximum of three (3) Lipa Kwa Simu (LKS) Merchant.

If you need more than 3 Lipa Kwa Simu (LKS), you need to consult Merchant Support Team through WhatsApp at 0677-333100.

Limits are in line with the Regulatory requirement for mobile money transactions. Customers can pay Lipa Kwa Simu (LKS) Merchant a maximum of 5M in a day. For a customer to be able to pay 5M to Lipa Kwa Simu (LKS) Merchant he/she must have not performed any transaction on that day, otherwise, he/she pays less than 5M.

Yes, they can cash out to any Wakala/agent at their convenience. They will get the 1st transaction of the day free and the subsequent transaction will be charged.

No, merchants cannot do Cash IN from Wakala since it’s a business line where the source of funds should be from customers doing payments for goods/services.

Vodacom: dial *150*00#, press 1 send money, 5 to other networks, 2 Tigo Pesa (Enter 7 digits), amount, PIN

Airtel: Dial *150*60# the 5 Lipa Bili, 1 Lipa Kwa Simu, 3 Lipa Kwa Tigo Pesa, amount, lipa namba (7 digits) enter PIN

Halotel: Dial *150*88# 5 pay merchant, 5 Tigo Pesa merchants, enter lipa Namba, enter amount, enter PIN

Merchants can access their business accounts simply by dialing *150*01# press number 5 Lipa Kwa Simu, then 4 business account or on the merchant tab on Tigo Pesa App. Its very simple and convenient.

Yes, they can by selecting bank transfer in their business account.

Yes, they can send money to other networks using the Send Money Option in their USSD Menu.

Lipa Kwa Simu (LKS) Merchant balance limit will depend on the size and registration level of your business:

• Companies and NGOs – 50M
• Normal individual Businesses– 30M
• Small Household businesses– 10M
• Petty Businesses– 1M

Yes, you can also access Lipa Kwa Simu (LKS) business account through the Web Portal.
https://merchantwebsite.tigo.co.tz/