Finance & Investment

Watu Credit Paybill: How to Clear Your Loan Fast with These Simple Steps

Boda Boda riders reviewing some operating features on a smartphone

I’ll never forget the day I almost missed my loan payment deadline. Picture this: I was stuck in traffic along Thika Road, stressed out because I knew a late payment could attract penalties. But then, a friend reminded me of M-Pesa Paybill services—just a few taps on my phone, and the payment was done. No queues, no stress.

If you’ve ever found yourself in a similar situation, you know how crucial it is to have a seamless payment system at your fingertips. That’s why Watu Credit’s Paybill option is a game-changer. Whether you’re repaying a boda boda loan or a smartphone installment, the process is designed for speed and convenience.

In this guide, I’ll break down the steps to use the Watu Credit Paybill service, explain why it matters, and share insider tips to help you stay on top of your payments.


What is Watu Credit?

Watu Credit is a leading microfinance institution in Kenya, founded in 2016 with a mission to provide affordable financing solutions for everyday Kenyans. Whether you’re an entrepreneur seeking a boda boda loan to kickstart your business or need a smartphone loan for digital convenience, Watu Credit has got you covered.

Key Facts About Watu Credit:

  • Founded: 2016
  • Services: Loans for boda bodas, smartphones, and other essential assets
  • Target Audience: Hardworking Kenyans seeking accessible financing
  • Payment Method: M-Pesa Paybill (Fast and Secure)

Watu Credit stands out because of its commitment to financial inclusion. But what makes it even better? Their M-Pesa Paybill option ensures you can manage repayments anytime, anywhere.


Why Pay with Watu Credit Paybill?

M-Pesa Paybill has revolutionized how Kenyans handle financial transactions, and Watu Credit has tapped into this convenience to make loan repayments stress-free.

Here’s why it works so well:

  • Speed: Payments reflect instantly.
  • Convenience: Pay from your home, market, or even on the go.
  • 24/7 Accessibility: Pay anytime, even on weekends and holidays.
  • Security: No cash handling risks—straight from your phone.
  • Error Reduction: Confirm payment details before completing the transaction.

How to Pay Watu Credit Loan Using M-Pesa Paybill (Step-by-Step Guide)

Ready to make your next Watu Credit loan repayment? Here’s how to do it:

  1. Open the M-Pesa Menu: Launch your M-Pesa app or dial *334# on your phone.
  2. Select “Lipa na M-Pesa.”
  3. Choose “Paybill.”
  4. Enter Watu Credit’s Paybill Number: Key in 650880.
  5. Input Account Number: Use your National ID number.
  6. Enter Payment Amount: Input the amount you want to repay.
  7. Confirm and Send: Double-check the details and hit OK.

Pro Tip: Save Watu Credit’s Paybill number (650880) in your contacts for quicker future payments!


How to Check Your Watu Credit Loan Balance

Wondering how much you owe? Checking your Watu Credit loan balance is just as easy.

Method 1: SMS Inquiry

  • Send an SMS with your National ID to Watu Credit’s customer care line.
  • You’ll receive your loan balance instantly.

Method 2: Call Customer Care

  • Dial Watu Credit’s official line and request a balance update.

Benefits of Using Watu Credit Paybill

Switching to Paybill for loan payments can transform your financial management experience.

✅ Avoid Late Payment Penalties: Instant payments reduce the risk of extra charges.
✅ Save Time: No more long bank queues.
✅ Track Payments: Get immediate payment confirmations via SMS.
✅ Nationwide Access: Pay even in remote areas with network coverage.
✅ Flexible Payments: Make partial payments when funds are tight.


Real-Life Stories: How Watu Credit Has Transformed Lives

James from Kisumu:
“I started my boda boda business with Watu Credit’s financing. Repaying through Paybill has been hassle-free. No queues, no stress!”

Mary from Mombasa:
“I took a smartphone loan for my business, and the Paybill option makes it super easy to repay weekly. Highly recommend!”


Common Mistakes to Avoid When Using Watu Credit Paybill

Even with its simplicity, some users make avoidable errors when using the service.

❌ Entering the Wrong Paybill Number: Always double-check 650880.
❌ Using an Incorrect Account Number: Your National ID number is your account identifier.
❌ Paying Late: Set reminders to avoid penalties.


FAQs About Watu Credit Paybill

Q: Can I make partial payments using Paybill?
A: Absolutely! You can pay any amount towards your loan repayment.

Q: What happens if I enter the wrong Paybill number?
A: If you confirm before completing, you can cancel the transaction. However, once sent, you’ll need to contact Safaricom customer care immediately.

Q: Are there extra fees for using Paybill?
A: No additional fees are charged by Watu Credit—just the standard M-Pesa transaction charges.

Q: Can I pay from upcountry?
A: Yes! As long as you have M-Pesa and network coverage, you’re good to go.


Simplify Your Loan Repayments Today

Paying your Watu Credit loan using M-Pesa Paybill isn’t just convenient—it’s empowering. It gives you control over your finances, minimizes stress, and saves time.

So, whether you’re a boda boda operator, a small business owner, or a smartphone borrower, embrace the simplicity of Watu Credit Paybill today!

Ready to make your next payment?

  • Paybill Number: 650880
  • Account Number: Your National ID