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.)