Procedure is as follows;
- Go to Safaricom SIM Tool Kit, select M-PESA menu, select “Lipa na M-PESA”
- Select “Pay Bill”
- Select “Enter business no.”, Enter Chase Bank’s Lipa na M-PESA PayBill Number 552800 and press “OK”
- Select “Enter Account no.”, Enter your Chase Bank Account Number (e.g. 03000 xxxx xxxx) press “OK”
- Enter Amount, Enter the amount you wish to deposit and press “OK”
- Enter your M-PESA PIN and press “OK”
- Confirm all the details are correct and press “OK”
- You will get a notification with the intended recipient’s name e.g. “Pay Chase Bank KSh1,000.00 for Account 03000 xxxx xxxx Press 1 within 20 seconds to STOP this transaction.” To stop a wrong transaction, Enter ‘1’ and press Send within 20 seconds. Pressing “Cancel” will complete the transaction.
- You will receive a confirmation SMS from M-PESA immediately.
- Chase Bank will also send you a confirmation SMS.