Airtel Money launches Bizna Wallet for Kenyan SMEs, expands cashback rewards

Airtel Money Kenya has unveiled Bizna Wallet, a dedicated business wallet designed to help small businesses manage their finances through a digital solution, the company said Monday.

Kenya’s SMEs are rapidly embracing digital payments, with 95 per cent now accepting mobile payments, according to the Mastercard SME Confidence Index. Airtel Money said Bizna Wallet responds to this shift by giving entrepreneurs a dedicated wallet to manage cash flow while strengthening confidence in digital transactions.

Michael Bonke, Airtel Money Kenya’s Acting Managing Director, said the product was developed to address the practical financial management needs of the country’s growing small business community. “Small businesses are at the heart of Kenya’s economy, yet many entrepreneurs still rely on personal wallets to manage business finances,” he said.

Bonke said Bizna Wallet is designed for kiosk owners, market traders, boda boda riders, matatu operators and other micro-businesses, allowing them to separate business income from personal finances, monitor daily sales, access mini statements, receive payments across mobile money networks and protect business payments from unauthorised reversals.

Airtel Money has also expanded its Rudishiwa cashback proposition, now offering 50 per cent cashback on eligible transactions for all users, including paybill payments, sending money to other mobile money networks, bank transfers to wallet and transfers to bank accounts.

Bonke said the expansion reflects continued investment in technology and innovation as Kenya’s digital economy grows. “This is why we have introduced cashback rewards to Airtel Money users. Initially, we had airtime rewards, and now we have introduced real cash rewards that go into your cashback wallet for every eligible transaction,” he said, adding that customers can transfer funds from the cashback wallet into their main Airtel Money wallet.

The cashback programme is available to all registered Airtel Money customers in Kenya who complete qualifying transactions of Sh101 or more, with no opt-in required. Cashback is credited instantly as cash into a dedicated Cashback Wallet, accessible through USSD (334#) and the My Airtel App.

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