Private Sector

 

eTranzact  seeks to enable all organisations  achieve faster and easier payment collection from customers by automating their payment  collection process, such that all payments accruing to them are collected, fully tracked and the organization can receive accurate financial  information on payments made by customers and bill payers.

 

THE CHALLENGE

There are a  lot of high risks involved in carrying cash. Organisations are also constantly faced with the  cost, risk and stress of cash handling, reconciliation issues on all statements  of accounts for each collections account opened in designated banks as well as  reconciliation with all collecting banks. The issues of malpractices and manipulation of monies collected and consolidation of payments from all collecting banks  at any point in time, suppression or non remittance of collections / delay in  remittance of collections amongst others are several reasons for organizations to adopt an  automated form of collection.

eTRANZACT  OFFERINGS TO Private Sector bodies

Using our e-commerce service, private sector organisations  can give their members and customers online  access to make payments via the organisation’s website.  Members can also  make  online  purchases without  any problem from the comfort of their homes or offices.

Payment  using POS terminals: Here organisations that wish to receive collections  at various branch locations can  deploy POS machines at  these locations for convenient and secure collections of payments.  The members simply  swipe their cards on the terminals and  make their payments towards  commitments or purchase of goods/services.   This automatically eliminates the need for members to the carry cash on  them.

eCommerce: the eTranzact eCommerce solution  enables organizations to receive payment via the organisations website,by  simply integrating the eTranzact WebConnect API onto the website.  Customers can then visit the company website  and make payments conveniently.

mCommerce:  the eTranzact  mCommerce solution is  a solution that enables eTranzact cardholders make payments for various goods  and services using their mobile phones.

Givers card: This  is a multi-functional branded reloadable  payment card specially designed for Organizations that wish to give them to members.  The card will enable members to remit  their commitments to the organisation easily, securely and conveniently, using any of the channels available  on eTranzact.

Payoutlet : This  is an eTranzact solution that enables organisations  to receive cash/cheque payment from customers/members  through any bank  branch of all the  eTranzact participating  banks. 

Corporate  Payment: This is an online  real-time e-payment solution that provides a one-to-many  or many-to-one payment  scenarios. This solution eliminates the costs and delays associated  with issuing cheques which is the traditional process for suppliers payment and staff salary payments. The eTranzact Corporate Pay is an innovative solution  designed to meet bulk payment needs of organisations.