How to Set Up M-PESA Ratiba for Automatic Sacco Savings | Sheria DT Sacco, by Sheria Sacco on YouTube. 1 min 23 s.
- Video length
- 1 min 23 s
- Time to do it
- 5 minutes
- Difficulty
- Easy
- Steps
- 8
What you need
Steps
Ask your Sacco for its M-PESA paybill number and check that your membership number is the account number used for deposits.
Dial *334# on your phone, or open the M-PESA app and tap the Ratiba option.
Choose the option to create a new Ratiba or standing order.
Pick Pay Bill as the destination, since Sacco deposits go through a paybill, not a phone number.
Enter the Sacco paybill number as the business number, then type your membership number as the account number.
Enter the amount you want to save each time and confirm the name shown matches your Sacco.
Set how often it should run, such as weekly or monthly, and choose the start date and time you prefer.
Review the details, enter your M-PESA PIN and wait for the confirmation SMS, which proves the schedule is active.
Tips and common mistakes
Keep some M-PESA balance a day before each payment date, or the standing order can fail.
Save the confirmation SMS, since it holds the reference number your Sacco may ask for.
Open the Ratiba menu any time to view, edit or cancel a schedule you no longer need.
Start with a small amount you can keep up every month rather than a big one you will cancel.
Questions
What happens if I do not have enough money on the payment date?
The payment will not go through and your savings for that period will be missed. Top up your M-PESA before the next scheduled date and the Ratiba will try again as normal.
How do I cancel or change my Ratiba?
Dial *334# or open the M-PESA app, go to Ratiba, select the active schedule and choose to edit or cancel it. Confirm with your PIN.
Does the Sacco receive the money automatically?
Yes, it arrives as a normal paybill payment to your membership number, so it shows up in your Sacco statement like any other deposit.
This guide was drafted from the video's details and general task knowledge. It has not been checked against the full video. Check the video and relevant product instructions before following a procedure. Report a correction.
