diff --git a/bluebottle/funding_lipisha/admin.py b/bluebottle/funding_lipisha/admin.py
index 3eb0c9bb6b..fe09d8c571 100644
--- a/bluebottle/funding_lipisha/admin.py
+++ b/bluebottle/funding_lipisha/admin.py
@@ -22,6 +22,7 @@ class LipishaPaymentProviderAdmin(PaymentProviderChildAdmin):
 class LipishaBankAccountAdmin(BankAccountChildAdmin):
     fields = (
         'mpesa_code',
+        'payout_code',
         'account_number',
         'account_name',
         'bank_name',
diff --git a/bluebottle/funding_lipisha/effects.py b/bluebottle/funding_lipisha/effects.py
new file mode 100644
index 0000000000..1369af8177
--- /dev/null
+++ b/bluebottle/funding_lipisha/effects.py
@@ -0,0 +1,31 @@
+from django.utils.translation import gettext as _
+
+from bluebottle.fsm.effects import Effect
+from bluebottle.funding_lipisha.utils import generate_payout_account, generate_mpesa_account
+
+
+class GenerateLipishaAccountsEffect(Effect):
+    conditions = []
+    title = _('Generate Lipisha accounts')
+    template = 'admin/generate_lipisha_accounts_effect.html'
+
+    def post_save(self, **kwargs):
+        account = self.instance
+        if not self.instance.mpesa_code:
+            self.instance.mpesa_code = generate_mpesa_account(
+                name=account.account_name
+            )
+            self.instance.save()
+        if not self.instance.payout_code:
+            self.instance.payout_code = generate_payout_account(
+                name=account.account_name,
+                number=account.account_number,
+                bank_name=account.bank_name,
+                bank_branch=account.branch_name,
+                bank_address=account.address,
+                swift_code=account.swift
+            )
+            self.instance.save()
+
+    def __str__(self):
+        return _('Generate Lipisha accounts to receive a MPESA code.')
diff --git a/bluebottle/funding_lipisha/migrations/0009_auto_20220901_1328.py b/bluebottle/funding_lipisha/migrations/0009_auto_20220901_1328.py
new file mode 100644
index 0000000000..12eb7ae89e
--- /dev/null
+++ b/bluebottle/funding_lipisha/migrations/0009_auto_20220901_1328.py
@@ -0,0 +1,47 @@
+# Generated by Django 2.2.24 on 2022-09-01 11:28
+
+from django.db import migrations, models
+
+
+class Migration(migrations.Migration):
+
+    dependencies = [
+        ('funding_lipisha', '0008_lipishabankaccount_mpesa_code'),
+    ]
+
+    operations = [
+        migrations.AlterModelOptions(
+            name='lipishapayment',
+            options={'base_manager_name': 'objects'},
+        ),
+        migrations.AddField(
+            model_name='lipishabankaccount',
+            name='payout_code',
+            field=models.CharField(blank=True, help_text='Generated by magic', max_length=50, null=True, unique=True, verbose_name='MPESA code'),
+        ),
+        migrations.AlterField(
+            model_name='lipishabankaccount',
+            name='mpesa_code',
+            field=models.CharField(blank=True, help_text='Generated by magic', max_length=50, null=True, unique=True, verbose_name='MPESA code'),
+        ),
+        migrations.AlterField(
+            model_name='lipishabankaccount',
+            name='swift',
+            field=models.CharField(blank=True, max_length=50, null=True, verbose_name='SWIFT/Routing Code'),
+        ),
+        migrations.AlterField(
+            model_name='lipishapayment',
+            name='method',
+            field=models.CharField(default='Paybill (M-Pesa)', max_length=30),
+        ),
+        migrations.AlterField(
+            model_name='lipishapaymentprovider',
+            name='paybill',
+            field=models.CharField(help_text='Find this at https://app.lypa.io/payment under `Business Number`', max_length=10, verbose_name='Business Number'),
+        ),
+        migrations.AlterField(
+            model_name='lipishapaymentprovider',
+            name='prefix',
+            field=models.CharField(default='goodup', max_length=100),
+        ),
+    ]
diff --git a/bluebottle/funding_lipisha/models.py b/bluebottle/funding_lipisha/models.py
index 452a2a872b..671578f4df 100644
--- a/bluebottle/funding_lipisha/models.py
+++ b/bluebottle/funding_lipisha/models.py
@@ -12,7 +12,10 @@ class LipishaPaymentProvider(PaymentProvider):
 
     api_key = models.CharField(max_length=100)
     api_signature = models.CharField(max_length=500)
-    prefix = models.CharField(max_length=100, default='goodup')
+    prefix = models.CharField(
+        max_length=100, default='goodup',
+        help_text=_('Use the Lipisha account name e.g. "opc"')
+    )
     paybill = models.CharField(
         _('Business Number'), max_length=10,
         help_text='Find this at https://app.lypa.io/payment under `Business Number`')
@@ -32,7 +35,8 @@ def payment_methods(self):
     def private_settings(self):
         return {
             'api_key': self.api_key,
-            'api_signature': self.api_signature
+            'api_signature': self.api_signature,
+            'prefix': self.prefix
         }
 
     class Meta(object):
@@ -71,7 +75,12 @@ class LipishaBankAccount(BankAccount):
 
     mpesa_code = models.CharField(
         'MPESA code',
-        help_text='Create a channel here: https://app.lypa.io/account and copy the generated `Number`.',
+        help_text='Generated by magic',
+        unique=True, max_length=50, blank=True, null=True)
+
+    payout_code = models.CharField(
+        'Lipisha payout code',
+        help_text='Generated by magic',
         unique=True, max_length=50, blank=True, null=True)
 
     def save(self, *args, **kwargs):
diff --git a/bluebottle/funding_lipisha/templates/admin/generate_lipisha_accounts_effect.html b/bluebottle/funding_lipisha/templates/admin/generate_lipisha_accounts_effect.html
new file mode 100644
index 0000000000..f29876f33f
--- /dev/null
+++ b/bluebottle/funding_lipisha/templates/admin/generate_lipisha_accounts_effect.html
@@ -0,0 +1,12 @@
+{% load i18n %}
+<h3>{% trans "Generate Lipisha Accounts" %}</h3>
+
+<p>
+    {% trans "Generate Lipisha accounts for" %}
+    "{{effects.0.instance}}" 
+    {% if effects|length > 1 %} 
+        {% blocktrans with extra=effects|length|add:"-1" %}
+        and {{ extra }} other campaigns 
+        {% endblocktrans %}
+    {% endif %} 
+</p>
diff --git a/bluebottle/funding_lipisha/tests/test_triggers.py b/bluebottle/funding_lipisha/tests/test_triggers.py
new file mode 100644
index 0000000000..90bc0fae69
--- /dev/null
+++ b/bluebottle/funding_lipisha/tests/test_triggers.py
@@ -0,0 +1,17 @@
+from bluebottle.funding_lipisha.effects import GenerateLipishaAccountsEffect
+from bluebottle.funding_lipisha.tests.factories import LipishaBankAccountFactory
+from bluebottle.test.utils import TriggerTestCase
+
+
+class LipishaAccountTriggerTests(TriggerTestCase):
+
+    factory = LipishaBankAccountFactory
+    defaults = {}
+
+    def test_verify(self):
+        self.create()
+        self.model.states.verify()
+
+        with self.execute():
+            self.assertEqual(self.model.status, 'verified')
+            self.assertEffect(GenerateLipishaAccountsEffect)
diff --git a/bluebottle/funding_lipisha/triggers.py b/bluebottle/funding_lipisha/triggers.py
new file mode 100644
index 0000000000..1564538076
--- /dev/null
+++ b/bluebottle/funding_lipisha/triggers.py
@@ -0,0 +1,20 @@
+from bluebottle.activities.triggers import ActivityTriggers
+from bluebottle.fsm.triggers import (
+    TransitionTrigger, register
+)
+from bluebottle.funding_lipisha.effects import GenerateLipishaAccountsEffect
+from bluebottle.funding_lipisha.models import LipishaBankAccount
+from bluebottle.funding_lipisha.states import LipishaBankAccountStateMachine
+
+
+@register(LipishaBankAccount)
+class LipishaBankAccountTriggers(ActivityTriggers):
+    triggers = ActivityTriggers.triggers + [
+
+        TransitionTrigger(
+            LipishaBankAccountStateMachine.verify,
+            effects=[
+                GenerateLipishaAccountsEffect
+            ]
+        ),
+    ]
diff --git a/bluebottle/funding_lipisha/utils.py b/bluebottle/funding_lipisha/utils.py
index 97f4e6b1cb..f270f60057 100644
--- a/bluebottle/funding_lipisha/utils.py
+++ b/bluebottle/funding_lipisha/utils.py
@@ -248,3 +248,32 @@ def acknowledge_payment(data):
         pass
     payment.save()
     return generate_success_response(payment)
+
+
+def generate_payout_account(
+    name, number, bank_name, bank_branch, bank_address, swift_code
+):
+    credentials = get_credentials()
+    client = init_client()
+    data = client.create_withdrawal_account(
+        transaction_account_type="1",
+        transaction_account_name=name,
+        transaction_account_number=number,
+        transaction_account_bank_name=bank_name,
+        transaction_account_bank_branch=bank_branch,
+        transaction_account_bank_address=bank_address,
+        transaction_account_swift_code=swift_code,
+        transaction_account_manager=credentials['prefix']
+    )
+    return data['content']['transaction_account_number']
+
+
+def generate_mpesa_account(name):
+    credentials = get_credentials()
+    client = init_client()
+    data = client.create_payment_account(
+        transaction_account_type=1,
+        transaction_account_name=name,
+        transaction_account_manager=credentials['prefix']
+    )
+    return data['content']['transaction_account_number']
diff --git a/setup.py b/setup.py
index 9741925420..72f718c0b0 100755
--- a/setup.py
+++ b/setup.py
@@ -85,7 +85,7 @@ def read_file(name):
     'html5lib==1.0b10',
     'icalendar==4.0.4',
     'influxdb==4.1.1',
-    'lipisha==0.2.4',
+    'lipisha==0.3.0',
     'lxml==4.6.3',
     'micawber==0.5.2',
     'mixpanel==4.3.2',