Simple Payments Solution (SPS) is a mode of remitting bulk or single payments (e.g. salaries, commissions, fees), to a single or multiple account numbers, mobile Mpesa numbers, or Mpesa business numbers, through a web based portal.
Yes, since the payments are debited directly from your SBM Bank account and transfered to the payees.
What is the fee charged on SPS payments? and present it to an SBM Bank branch closest to
We will send your username and a temporay password to your email address that is maintained by the bank, once the set up is done.
If you have not received the credentials, please follow the steps below:
Once set up has been done, a user manual will be sent to you with a bank official’s contacts to assist in of challenges.
You can view account balances and your SPS transaction history.
With SPS, you have access to your account information 24 hours a day, 7 days a week.
No, transfers of funds to bank accounts is limited to local banks.
No, transfers of funds is limited to Kenya shillings accounts.
By selecting Reports, you can choose to view the current month and the previous month or, you can choose to view your account from the current date to same date of the previous month (e.g. from 16/03/2021 to 16/04/2021). (e.g. from 16/03/20121 to 16/04/2021).![]()