Ecocash Spache-Fono-Payroll and Bulk Payments

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ECOCASH SPACHE-FONO - PAYROLL AND BULK PAYMENTS

Any organization (profit making/non-profit making) can make bulk transfers of money to recipients using the Ecocash platform as a channel. Companies can also pay salaries and wages to their staff with the Ecocash platform.

Recipients use their mobile numbers as accounts to receive money. This function is ideal for payroll administration, aid distribution etc

The payroll function offers convenience to the receivers because they avoid the long queues at the banks and is safe and also caters for the unbanked market because no bank account is required. It is also affordable and convenient to the bulk payer.