Target Market
- Customers (Corporate, SME customers, high networth individuals)
Product Description
CorporatePay is uniBank’s bulk payment system designed to enable customers conveniently make payments in bulk to several beneficiaries at the same time.
Product Features
- Enables companies or individuals to make one to many payments to beneficiaries at a time without the need to issue cheques.
- Payments can be paid to beneficiaries into their bank accounts or onto mobile money wallets.
- Online real time.
- Beneficiaries gets SMS alert immediately a payment is committed
- Multiple accounts or mobile money wallets can be credited simultaneously from one interface.
- Simplified Integration: The Integration process is relatively easy.
- Secure and Robust.
- User Friendly: it provides a user friendly navigational Interface.
Benefits
- Allows companies and individuals to conveniently pay:
- Employee salaries, commissions, allowances and bonuses
- Suppliers
- Other bulk payments
- Companies are given platforms to view and download reports on payments to beneficiaries’ over a period of time.
- Beneficiaries receive instant value.
- Eliminates manual processes involved in payments.
- Eliminates the need to prepare a payment schedule per bank and then issue multiple cheques.
- Ensures total accountability and discourages fraud.
- Saves time and resources.