Personal Business News Complain FAQ's

Mycash Bulk payroll payment

Bulk payments as a one to much transfer. For example: salary payments made by an organization to their employees' mobile wallets via a mobile money platform

Mobile money bulk payments will foster faster and efficient payment systems in the economy.

BENEFITS

  • Secure way of money transfer (eliminates costs associated with cash in transit)
  • Easy to use
  • Cost effective (no need to pay out per diem, fuel costs etc.)
  • Increases organizational effectiveness
  • Saves on time: A lot of time is wasted queuing as people wait for money in the various cash offices
  • Easy of access Payments and disbursements: • P2B – purchases (shopping); educational institutions (school fee payments); health service providers utility providers (monthly bills for electricity, water, waste Management firms, TV’s, etc.)