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Home How To

How to Deposit Money to Waumini Sacco using M-PESA Paybill Number 700100

Nyongesa Sande by Nyongesa Sande
12 months ago
in How To
Reading Time: 4 mins read
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How to Deposit Money to Waumini Sacco using M-PESA Paybill Number 700100. Waumini Sacco, a registered Savings and Credit Co-operative Society in Kenya since 1980, offers its members the convenience of making deposits using M-PESA. With the Waumini Sacco Paybill Number 700100, members can easily deposit funds into their accounts without visiting the Sacco offices. This guide will help you understand how to deposit money using the M-PESA Paybill number, along with the necessary transaction codes.

Steps to Deposit Money to Waumini Sacco using M-PESA Paybill Number 700100

  1. Access M-PESA Menu:
    • Open your SIM Toolkit and select the M-PESA option, or use the M-PESA app or dial *334#.
  2. Select Lipa na M-PESA:
    • From the M-PESA menu, choose the Lipa na M-PESA option.
  3. Choose Paybill:
    • Select the Paybill option.
  4. Enter Business Number:
    • Enter the Waumini Sacco Paybill Number 700100 and press OK.
  5. Enter Account Number:
    • Enter your member number followed by the appropriate shortcode (e.g., xxxxxS for Share Capital). The member number is a MUST. For example, if your member number is 12345 and you are depositing to Share Capital, you would enter 12345S.
  6. Enter Amount:
    • Enter the amount you wish to deposit.
  7. Enter M-PESA PIN:
    • Key in your M-PESA PIN and press OK.
  8. Confirm Transaction:
    • Verify the details, including the Paybill number, account number, and amount, then confirm to complete the transaction.
  9. Receive Confirmation:
    • You will receive confirmation messages from M-PESA and Waumini Sacco confirming the successful deposit.

Waumini Sacco M-PESA Transaction Codes

To ensure the correct allocation of funds, use the following shortcodes when entering your account number:

  • S – Share Capital (e.g., xxxxxS)
  • D – Deposit (e.g., xxxxxD)
  • BF – Benevolent Fund (e.g., xxxxxBF)
  • DL – Development Loan (e.g., xxxxxDL)
  • LOY – Loyalty Loan (e.g., xxxxxLOY)
  • RES – Restructure Loan (e.g., xxxxxRES)
  • EL – Emergency Loan (e.g., xxxxxEL)
  • MJE – Mjengo Loan (e.g., xxxxxMJE)
  • WAU – Waumini Cash (e.g., xxxxxWAU)
  • FL – FOSA Loan (e.g., xxxxxFL)
  • RL – Rescheduled Loan (e.g., xxxxxRL)
  • SEL – Self Guarantee Loan (e.g., xxxxxSEL)
  • MAZ – Mazao Loan (e.g., xxxxxMAZ)
  • JL – Jaza Loan (e.g., xxxxxJL)
  • SFL – School Fees Loan (e.g., xxxxxSFL)
  • TOP – Top Up Loan (e.g., xxxxxTOP)
  • FRL – FOSA Rescheduled (e.g., xxxxxFRL)

By following these steps and using the appropriate codes, you can easily deposit funds into your Waumini Sacco account using M-PESA. This process is simple and convenient, ensuring that your transactions are quick and secure.

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Nyongesa Sande

Nyongesa Sande

Nyongesa Sande is a Kenyan entrepreneur, politician, blogger, YouTuber, Pan-Africanist, and co-founder of Bizmart Holdings LLC. He has a strong background in information technology, online marketing, and digital strategy. Sande is known for his expertise in software development, content creation, and e-commerce innovation. In addition to his work in media and business, he is also an active political activist and columnist with interests in governance, corporate ethics, human rights, and community development. His leadership at Bizmart Holdings focuses on leveraging technology to drive growth, empower communities, and expand Africa's presence in the global digital economy.

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