Till To Bank
A service that allows businesses to accept M-pesa, Tigo Pesa and Airtel money payments from their customers through a formal till number and receive the funds directly to their Stanbic Bank account. The service provides a seamless channel to convert e-value collected in a till to money in the customer’s bank account.
Till To Bank Value Props
Convenience
No need of handling cash, the money goes directly to your account
No charges
It’s a free service to M-PESA, Tigo-pesa, Airtel Money and EzyPesa customers making payments through the till.
Ease of collection
Minimizes sales revenue leakage for your business
Secure
No customer-initiated reversals
What you get
- Same day settlement of funds to your Stanbic account
- Safer and cheaper than handling cash
- Fee structure is simple
- Secure - no customer-initiated reversals
- Easy access to cash - same day settlement
- Free or charges for your customers
- Eliminates the need to look for and keep change
- You can view your balance and statement anytime, anywhere via a web-based portal (single or multiple tills)
- Post payment notifications directly into your ERP or accounting system
How to get it
- Have an account at Stanbic bank
- Sign the application form available at the branch or contact your relationship manager for registration
- Get a till allocated to you and training on how to use the service
- Start receiving payments from customers on your till
- As required, place settlement instructions
- Money is transferred directly from your till to bank
- Registration, till and training is FREE
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What you get
-
How to get it
- Same day settlement of funds to your Stanbic account
- Safer and cheaper than handling cash
- Fee structure is simple
- Secure - no customer-initiated reversals
- Easy access to cash - same day settlement
- Free or charges for your customers
- Eliminates the need to look for and keep change
- You can view your balance and statement anytime, anywhere via a web-based portal (single or multiple tills)
- Post payment notifications directly into your ERP or accounting system
- Have an account at Stanbic bank
- Sign the application form available at the branch or contact your relationship manager for registration
- Get a till allocated to you and training on how to use the service
- Start receiving payments from customers on your till
- As required, place settlement instructions
- Money is transferred directly from your till to bank
- Registration, till and training is FREE
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Biashara Mobile
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