Revenue Collection solution deployed in Kenya
This initiative, jointly deployed with Ingenico’s local partner Tracom, has been sponsored by Equity Bank.
It reinforces the emerging cashless-based culture by collecting County fees such as parking, land rates, business permits, market stall fees through electronic payment. Its benefits include stronger accountability for funds collected and effective cost reduction thanks to a fully electronic process.
Andrew Wakahiu, General Manager-Agency Banking at Equity Bank, said they selected Ingenico Group and its local partner Tracom as they had shown a strong expertise in providing innovative solutions to strengthen cashless payment behaviors.
“This Revenue Collection program has been successful because it relies on a technology that is both simple and secure. No more paperwork, complex processes or cash management issues in the agent network; it’s a real game changer for the County administration,” said Wakahiu.
Luciano Cavazzana, Eastern Europe and Africa Managing Director for Ingenico Group, expressed pride at the partnership.
“Through this initiative, Tracom and Ingenico Group addressed administrative challenges by providing a quick and convenient fees collection solution to better anchor cashless habits in Kenyans’ daily lives.”
– CAJ News
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