M-Pesa offers a practical and effective way of managing financial transactions and it has become a staple in the lives of many Kenyans. To stay on top of your finances, it is essential to know how to check your MPESA statement, which provides a record of your transactions. This article provides detailed information on how to check the MPESA statement.
What is an MPESA Statement?
The transactions that you have made with MPESA during a certain period of time are displayed in a report called a MPESA Statement. Statements come in two types and they are mini statements and full statements. MPESA mini statement shows your recent Mpesa transactions, which are more than an hour old, shows the maximum of 5 transactions and is received in the form of text messages(SMS). MPESA transactions for a maximum of one year are displayed in a full MPESA statement. You need an email because you do not receive a full statement via SMS.
How to check MPESA statement?
Here are some of the methods on how to request MPESA statement:
1. By using USSD Code:
Using the USSD code on your mobile device is one of the simplest methods on how to check MPESA statements. Take the following actions:
- Dial *334# on your cell phone.
- Select the ‘My Account’ option from the menu.
- Choose ‘M-Pesa Statement’ from the subcategory.
- Select between a full statement, which includes transactions over a specific time period, or a mini statement, which just includes recent transactions.
- The time frame you wish to view may need to be specified if you choose to view a full statement.
- Your statement will be sent to you via email or SMS based on your choice.
2. Using Safaricom App:
If you prefer using an app, you can utilize the Safaricom app to check your MPESA statement:
- Download the Safaricom app from the app store, if you haven’t already.
- Open the application and enter your Safaricom number to log in.
- Open the app and navigate to the M-Pesa section.
- Select the ‘Statements’ option.
- Select between a full statement and a mini statement.
- The app will display the statement on your screen or send it to you via email.
3. Using STK (Sim Tool Kit) Menu:
As this approach just provides you with a report of your most recent transactions, it is especially useful for mini statements. Here’s how to check MPESA statement by using this method:
- Visit your Safaricom line’s STK menu.
- Tap “MPESA.”
- Select “My Account,” and then Mini Statement.
- Enter your MPESA pin.
- Wait to receive your mini-statement via SMS.
4. Using MPESA App:
If you have an MPESA App, this is definitely the simplest method to view and download an MPESA statement. It allows you to choose the period and the transaction type that you want the statement to reflect.
- Here’s how to check the MPESA statement on MPESA app:
- Install the MPESA app, if you don’t already have the MPESA app on your phone.
- To open the app, you need to enter an MPESA pin.
- At the top, tap on the MPESA Statement.
- Click see all, to view the list of your most recent MPESA transactions.
- Tap on Export Statements to view the statements in more detail or to specify the time frame and expiration date.
- Click on “Generate Statement.”
5. Using M-Ledger App:
The M-Ledger app is the best option if you want to check a statement of your MPESA transactions for more than a year. This app creates the report in a readable format and you can export table data to Word or PDF using this application. Additionally, it classifies the transactions depending on the type, such as airtime, withdrawals, deposits, pay bills, and send money. Even better, the transactions can be backed up and retrieved from the cloud.
How to download MPESA statements online?
- Go to your email account and scroll to the Safaricom email that contains your statement.
- A password is required to access the email that contains the MPESA statement.
- Providing the identity document registered with your MPESA line is all that is required when asked for a password.
- That could be either of the following:
- National ID, Passport, Alien ID, Diplomatic ID, Military ID.
Importance of checking MPESA statements:
1. Detect fraudulent activity:
Regularly reviewing your M-Pesa statement can help you identify transactions that are suspicious or unauthorized. Any activity that you don’t recognize could be a sign of fraud; therefore, you should report Safaricom right away.
2. Verify transaction accuracy:
You may confirm the accuracy of the charges and the appropriate handling of all your transactions with the help of your statement. Ensure that you were charged the right amounts for your transactions because errors can happen.
3. Monitor spending habits:
You can monitor where your money is going with the help of your MPESA statement, which gives you a comprehensive overview of your spending habits. This may help you in determining potential areas of overspending and adjusting your budget accordingly.
4. Track account balance and fees:
Your statement shows your current account balance, including any transaction fees assessed by Safaricom. You can prevent unexpected fees and manage your money more effectively by monitoring your balance.
Conclusion:
I hope this article helps you to know how to check MPESA statement clearly. You can use the SIM Tool Kit menu, a mobile app (MPESA App, MySafaricom App, or M-Ledger app), or USSD ( *334#).
