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The use of MPESA PAYBILL or Business Number has made it easy for introduction of Mobile banking in Kenya. Many banks in Kenya are using the MPESA Business Numbers for several transactions involving the bank.
The official MPESA PAYBILL Number or Business Number for Stanbic Bank Kenya is 600100
How To Repay Stanbic bank loans or deposit to Accounnt via MPESA:
- Open MPESA menu
- Choose Lipa na MPESA
- Select PAYBILL
- Choose Enter Business Number ( Enter 600100 )
- Select Enter Account Number ( Enter your Stanbic bank account you received the loan with )
- Enter amount to pay
- Enter your MPESA pin and send.
The money will be deposited into your account, you can now make a standing order for the bank to deduct from your account monthly.
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