SasaPay has introduced a new tool that will enable its users to automatically transfer funds to their bank accounts.
The digital payment service provider will now allow merchants and users to automatically make transfers based on their preferred schedule, hourly, daily, weekly, or monthly.
The SasaPay auto-settlement feature significantly reduces the need for manual intervention in transaction handling, streamlining payment procedures, and providing enhanced convenience for merchants to efficiently manage their finances.
It also allows users to schedule fund transfers to their bank accounts at their convenience, allowing them to choose a specific day and even set the preferred time.
“The reduced manual intervention streamlines processes, delivering an overall smoother and more user-friendly experience,” said Daniel Njoroge, SasaPay Chief Operating Officer.
He added,
“SasaPay stands out in the market for auto-settlement and deposit scheduling due to its unmatched flexibility and user-centric features. Our commitment to a user-friendly interface and real-time confirmations makes it a standout choice for those seeking an adaptable and convenient auto-settlement solution.”
The tool presents a user-friendly design that simplifies money management for businesses, reduces errors and delays while ensuring a consistent and reliable financial flow.
Real-time confirmations also keep all parties instantly informed, fostering transparency.
How safe is SasaPay’s auto-settlement process?
SasaPay’s auto-settlement has robust security measures, employing encryption protocols and multi-layered authentication to safeguard financial data from unauthorised access.
Regular monitoring, security audits, and updates ensure the system’s resilience, along with redundant systems and fail-safe mechanisms, minimizing the risk of disruptions and ensuring a secure user experience.
Who can benefit from SasaPay’s auto-settlement tool?
The auto-settlement tool is particularly beneficial for businesses such as matatu saccos and Public Service Vehicles (PSV) owners, petrol stations, and small and medium enterprises (SMEs) that prefer to transfer money to banks after a certain period.
Its automation of fund transfers reduces manual efforts and enhances the overall user experience.
“This innovation not only streamlines financial processes for merchants and users but also underscores SasaPay’s dedication to staying at the forefront of technological advancements in the fintech industry,” said COO Njoroge.
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