4th-Mar-2026 • Alice Wambui • SME Payment Solutions
Small and Medium Enterprises (SMEs) in Kenya are on a growth trajectory, and with that comes the need for efficient and secure payment solutions. In today's digital age, the right payment platform can make or break a business. Lipabiz Technologies Ltd presents some top SME payment solutions to help streamline your financial operations.
LipaNaTill is a mobile-based solution that allows businesses to receive payments directly into their bank accounts. This service is provided by Safaricom, Kenya's leading telecommunications company. With LipaNaTill, SMEs can accept payments from customers via M-PESA, Airtel Money, or other mobile money platforms. It's an ideal solution for businesses with minimal physical infrastructure.
Lipabiz Payments is a payment gateway integrated into the Lipabiz Business Management Platform. This all-in-one platform allows SMEs to manage their business operations, including sales, inventory, accounting, and payments. With Lipabiz Payments, businesses can accept multiple payment methods such as credit/debit cards, mobile money, and digital wallets.
Stripe is a global payment processing platform that offers services to Kenyan SMEs. It supports various payment methods, including mobile money, cards, and digital wallets. Stripe also provides advanced features such as subscription billing, fraud detection, and tax compliance, making it suitable for businesses with complex payment requirements.
M-Shwari is a digital banking service offered by Safaricom Bank in partnership with National Bank of Kenya. It allows users to save and loan money using their M-PESA accounts. For SMEs, this platform offers affordable loan facilities that can be used for business expansion or working capital management.
When choosing a payment solution for your SME, consider factors such as security, ease of use, fees, and the range of supported payment methods. It's also essential to evaluate whether the platform integrates with your existing business management tools. For example, Lipabiz Payments is seamlessly integrated with the Lipabiz Business Management Platform.
According to a report by FSD Kenya, mobile money transactions in Kenya amounted to KES 5.4 trillion (USD 51 billion) in 2019, demonstrating the widespread adoption and importance of digital payments in the country.
