Stanbic Bank customers get new services

Stanbic transactional products and services head Charles Mhina

What you need to know:

  • The aim is to make cash collections and payments more efficient.
  • Stanbic transactional products and services head Charles Mhina said here yesterday that Mobile Bulk Payments and Till to Bank would guarantee the bank’s customers across various sectors enhanced service delivery, reduction of high dependence on cash and provide merchants control over their collections.

Dar es Salaam. Stanbic Bank Tanzania has launched a new suite of mobile payments and collection solutions.

The aim is to make cash collections and payments more efficient.

Stanbic transactional products and services head Charles Mhina said here yesterday that Mobile Bulk Payments and Till to Bank would guarantee the bank’s customers across various sectors enhanced service delivery, reduction of high dependence on cash and provide merchants control over their collections.

According to him, Mobile Bulk Payments will enable organisations to online payments from their Stanbic accounts to Tigo Pesa, Airtel Money, Ezypesa and M-Pesa at a press of a button anytime, anywhere.

The service will be offered on the bank’s business online platform, the corporate client’s equivalent of internet banking which gives corporate clients round-the-clock, convenient, fast and secure online banking capabilities for the efficient execution of their business transactions.