16th-Jan-2026 • Alice Wambui • Business Payments Platforms
Welcome to the digital age of commerce! As a small business owner in Kenya, you understand the importance of staying ahead of the curve when it comes to managing finances. One key area that warrants your attention is the adoption of a reliable and efficient payment platform. In this blog post, we'll introduce you to some of the best payment platforms available for Kenyan Small and Medium Enterprises (SMEs), designed to streamline transactions, boost profitability, and increase overall efficiency.
According to a report by the Central Bank of Kenya, mobile money transfer volumes reached KES 2.94 trillion in 2019, highlighting the growing preference for digital payments among Kenyans. This trend offers an excellent opportunity for SMEs to adapt and leverage payment platforms to facilitate transactions seamlessly.
Among the numerous payment platforms available, Lipabiz Technologies Ltd stands out as a comprehensive business management platform that includes a payments platform. Lipabiz simplifies transactions for SMEs by allowing them to accept payments via Mobile Money (M-PESA, Airtel Money), credit cards, and digital wallets.
Another popular option is Lipa Later. This platform provides businesses with the ability to offer their customers flexible payment terms, boosting sales and customer satisfaction. By integrating Lipa Later into your business operations, you can provide your clients with a 'buy now pay later' option, fostering a seamless purchasing experience.
M-Shwari, an initiative by National Bank of Kenya and Safaricom, is another popular choice. M-Shwari enables SMEs to access loans directly through their mobile phones, as well as deposit and withdraw funds, pay bills, and save money.
The future of Kenyan commerce lies in embracing digital payment platforms. By adopting a platform like Lipabiz or incorporating solutions such as Lipa Later or M-Shwari into your business operations, you can leverage cutting-edge technology to streamline transactions, increase profitability, and remain competitive in today's fast-paced market.
Start exploring these options today and witness the transformation of your small business!