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Electronic Banking ::Collections

Collections is an internet based solution that enable collection of goods and services without exchange of cash.  The solution includes
  • Point of Sales Terminals (POS) ...more
  • AutoPay ...more
  • PAYDirect/GCPS ...more
  • School Solutions ...more

AutoPay

With AUTOPAY solution companies such as Insurance, Telecoms, Government can receive direct mandate collections from various subscribers with accounts in different banks can credit same into a single account (It involves multiple debits and a single credit). This is usually initiated by the bank as a result of a customers’ mandate.  Transactions are real-time online


PAYDirect/GCPS

PAYDIRECT is a web enabled solution that gives organisations such as government corporations, parastatals, agencies, and Conglomerates with many outlets spread across the country the opportunity to monitor their revenue online real-time.

This breaks the traditional barrier of the head office having to wait for the bank/financial statements from their various outlets before the financial position of the organization is known.

Global Collection Payment System(GCPS)

This product enables collections to be received on behalf of the bank’s customers. Additional information as specified by the customer can also be captured with this product and passed in softcopy to customers. This product can be used for Utility bills payment, Revenue Collection by state governments etc.

The solution provides answer to questions such as:
Who paid?
What amount was paid?
What was the payment for?
When was it paid?
Who received the payment?
Where are the funds now?

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School Solutions

Enables the proper payment of all fees collectable at institutions such as hostel fees, exam fees, tuition fees, etc. This is bundled with debit card issuance (acts as student ID), PoS terminal and ATM deployment, salary administration, and school portal.

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§ Card Schemes
§ Payments
§ Collections
§ Alert Banking Services
§ Telephone Banking
§ PoS Terminals
§ Electronic Payment Systems
§ Glo M-Banking
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Rates for week ending
09-05-08

  Selling Buying
GBP (Cash) 236.00 232.00
GBP (TC/CP) 235.50 231.50
USD (Cash) 118.50 116.70
USD (TC/CP) 118.10 116.10
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