The following is the procedure:
- Navigate to the Safaricom SIM Tool Kit, then to the M-PESA menu, and finally to the “Lipa na M-PESA” option.
- Choose “Pay Bill.”
- Enter Chase Bank’s Lipa na M-PESA PayBill Number 552800 and press “OK.”
- Select “Enter Account No.,” enter your Chase Bank Account Number (e.g., 03000 xxxx xxxx), and then click “OK.”
- Enter Amount, enter the amount you want to deposit, and then click “OK.”
- Enter your M-PESA PIN and click “OK.”
- Confirm that all of the information is correct and click the “OK” button.
- You will receive a notification with the intended recipient’s name, such as “Pay Chase Bank KSh1,000.00 for Account 03000 xxxx xxxx Press 1 within 20 seconds to STOP this transaction.”
- The transaction will be completed if you press the “Cancel” button.
- M-PESA will immediately send you a confirmation SMS.
- In addition, Chase Bank will send you a confirmation SMS.