How to Register for Mobikash in Kenya

If you have not heard of it before, you may be asking what is Mobikash and how is it relevant to your money in Kenya? Let us present a couple of Mobikash features and how they will make moving money much easier for you.

•    Mobikash is the all inclusive money platform integrating various platforms thus making it very convenient. Mobikash though independent works across airtime and mobile money networks including Orange, Airtel, Safaricom, as well as Orange Money, Airtel Money, and Mpesa.

•    Even with its ease of use across various networks, Mobikash is an affordable platform charging a minimum premium to withdraw cash. It adds convenience to your telephone use as you can buy and sell airtime across networks.  You also pay a minimum tariff to send money to both registered and unregistered Mobikash users.


•    Mobikash has thought out all the challenges of the other networks and has created a seamless user experience. For instance, it has a unique confirmation feature when sending money to someone that ensures you never send money to the wrong party. Say goodbye to calling Customer Care and waiting days for money you need to be reversed to you when you use Mobikash.

•    Non-registered users need to register to receive money and this is the greatest Mobikash opportunity. Within a short time, this will be the single most convenient money platform to be on. Therefore, this is the best time to open an account as shortly most of your friends and family will be on the network too. This will translate into reduced costs for transacting across different networks. It then comes with the added advantage that you can send and withdraw money, make deposits, pay your bills, and receive loans and pensions.

What are the Current Mobikash Rates?
The current rates for transacting on the Mobikash platform are:
•    Withdraw cash — Kshs 25/-
•    Send Money to registered and non-registered users — Kshs 30/-
•    Check balance — Kshs 5/-

How to Open a Mobikash User Account in Kenya

To register a user account with Mobikash is simple. All you need to make registration of your line is to find a Mobikash agent who will take you through the registration process. To speak to Dorothy call Kenya on Safaricom 0718 691 730 or contact her on page here.

Mobikash also has a business opportunity. If you are interested in registering for business in Kenya or becoming an agent on the Mobikash platform , contact Dorothy on Safaricom 0718 691 730 (Kenya) via sms with the word Mobikash and your name to get started or any queries, or contact her on page here to get details on how to register a business account. Some of the details are given below.

How to Qualify for a Mobikash Super Agent Account
There are two types of Mobikash agents, Super Agents and Sub-Agents. You can register to become either a Super Agent or a Sub-Agent to earn attractive commissions. The agent accounts under the SuperAgents are:

1.    National Super Agent
A national super agent has the advantage of the ability to register account holders country-wide. National Super Agents give customer care and register sub-agents countrywide. To become a national SuperAgent you need:
•    Float of Kshs 1 million
•    Have a limited company in existence for at least 2 years
•    Have Registration of incorporation, memorandum,
•    List and pictures of at least 3 Directors, their ID’s,  KRA PIN and Company PIN
•    Have a minimum of 50 Mobikash outlets countrywide
•    Have a dedicated SIM card for business transactions

2.    Regional SuperAgent (RSA)
A regional super Agent can only register super agents from a particular region and not nationally like the national super agent. To qualify to be a regional super agent you need:
•    Have a float of Kshs 1 millions
•    Have a limited company that has existed for two years 
A regional super agent can register Level 2 regional Super Agents.

3.    Level Two Super Agents
One qualifies to be a Level Two Super Agent by having:
•    Have a float of Kshs 500,000
•    Have a limited liability company that has existed for 2 years
•    Have a minimum of 20 outlets countrywide
•    Have a dedicated SIM card for business transactions

Mobikash Subagents can open either one of two accounts; the mini-agent and the Street/Mobile Agent account:
1.    Mini Agent
To qualify to open a mini-agent account you need to meet the following requirements:
•    Have a float of Kshs 25,000
•    Have a registered business name and location premises with valid City Council licence
•    2 Passport photos of business owner, copies of ID, PIN Number
•    Register with Kshs 2,040/- to get the relevant books, leaflets, and shop branding

When registering you will be required to present the following documents:
•    Copy of certificate of registered business name
•    Business license of the premises from City Council
•    Digital pictures of business premises both inside and outside
•    Copy of your National ID card
•    A copy of your KRA PIN certificate
•    Two passport photos of the business owner
•    A Business SIM card for transactions

2.    Street/Mobile Agent
To qualify to become a street/mobile agent you need to have:
•    Float of Kshs 5,000/-
•    Pay Kshs 1,040 to get started as an agent and receive the relevant books and leaflets

NOTE:
•    You will be using your personal SIM as a mobile agent. This means you are on call 24/7.
•    You may need to get an operating licence from the City Council to move from shop to shop at Kshs 30/- per day.

How Much Will You Earn As  A Mobikash Agent?
•    Commissions are from Kshs 6/- to Kss 235/-
•    Ratio of commissions subagents to superagents is 80:20
•    Commissions are paid on the 15th of the month

How to Activate Your Mobikash Agent Account After Registration
•    Get a business SIM card dedicated to your Mobikash business
•    Once you get registered by a Mobikash agent you will receive an SMS that you are now registered on Mobikash and need to set a 4 digit password.
•    Input *365# to get the Mobikash menu
•    Insert your unique four digit password
•    Download the mobikash app (smartphone only)
•    Wait for approval from Head Office subject to meeting requirements
•    Receive your Agent Number

Information Disclaimer: All information given here is correct at time of putting it in print. Whereas all effort will be made to update the information as changes occur, the writer is not responsible for inaccuracies resulting from change in company policy.

To contact Dorothy for more details on how to make money through Mobikash, contact her here