Equity bank-backed payment services firm, Ingenico has launched its bid for county government cash collection deals as battle for government e-payment service contracts deepens.
It has signed a deal with Nyeri county to collect parking, land rates,business permits, market stall fees through electronic payment.
the firm promises stronger accountability for funds collected and effective cost reduction leveraging on a
fully electronic process.
Jambo pay, a local online pay platform has already indicated intentions to bid more for government cash payments under its five year strategic plan.
People in Nyeri can now save time: instead of waiting in long queues, they can pay the County fees from the area of operations without wasting time commuting.
County agents equipped with Ingenico wireless smart terminals with a specific
Revenue Collection application, can now simply collect payments when arriving at the
business premises.
“We selected Ingenico Group and its local partner Tracom as they have shown a strong
expertise in providing innovative solutions to strengthen cashless payment
behaviors,” explained Andrew Wakahiu, General Manager-Agency Banking, Equity Bank.
“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.”