Easy Payment solutions for corporates and SMEs
Our Easy Pay Solution effectively responds to the challenges faced by our customers such as Cash Management, Banking Phobia, Limited Banking Facilities and many others in Bulk Payment transmissions. It enables corporates to make multiple payments of varying amounts to multiple recipients in an instant.
You will be assigned a web portal with your own security credentials to manage all transactions. You can make transactions anywhere anytime provided you have basic internet connectivity (MTN Internet is recommended due to its fastest speeds in Zambia).
How does the service work?
- Customer deposits money in a trust account, prepares their payroll and sends it
- MTN system disburses money to payee instantly anywhere in Zambia
- Payee receives SMS notification and withdraws at any MoMo kiosks
Opening the corporate account:
- Directors’ photo
- Directors’ ID
- Tax Clearance Certificate (proof of exemption if exempt)
- PACRA or Registrar of Society Certificate of Registration
- 3-month bank statement
- Complete KYC Form and IDs for people to be handling account
Transaction fees
Transaction range | Transmission fee |
K1 -K150 | K2 |
K151 -K300 | K2 |
K301 –K600 | K2 |
K601 –K1,200 | K2 |
K1,201 –K20,000 | K2 |
Transaction range | Withdraw fee |
K5 -K150 | K2.50 |
K151 -K300 | K5 |
K301 –K600 | K10 |
K601 –K1,200 | K20 |
K1,201 –K3,000 K3,001 –K5,000 K5,001 –K10,000 < K10,001 |
K30 K50 K70 K70 |
Benefits
- No cash handling
- Eliminates CIT costs and risks
- Customer digital profiling
- Helps build customer loyalty programs
- Beneficiary’s trend analytics
- It’s instant
- It’s affordable
- Secure
- Convenient
Products and services
Corporate
Collections
Corporate