Businesses are enabled to electronically receive payment of goods and services purchased, by dialing a short code, scanning a QR or following a simple web pay site.
This allows customers to transfer funds from their bank accounts or mobile money wallets. Funds are instantly settled into the bank accounts of the businesses. The channels are USSD, QR, NFC and mobile application. Features and Benefits. a. Fast processing speed. b. Multiple payment option c. Increase sales of business
This service allows mobile banking transactions with a basic feature phone; there is no need for a mobile internet connection to use USSD-based mobile banking, accomplish, and improve.
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