The Holiday Management feature provides financial institutions with the flexibility to manage interest collection during holidays and working days. Institutions can adjust interest rates on holidays, either applying standard rates or waiving them entirely. Additionally, this feature allows them to configure working days by excluding weekends or other non-working days, ensuring alignment with operational policies….
The Wakandi Business Account (WBA) is a dedicated platform designed to support SACCOs, MFIs, and other financial institutions in managing their financial transactions and records. It provides a centralized hub for tracking account activities, making payments, and generating statements, all while ensuring transparency and efficiency. Steps to Download the WBA Statement Wakandi allows users to…
Integration of Mpesa with our Wakandi Business Account (WBA) platform is now complete. This enables financial institutions admins to top up their WBA using the STK push feature easily. This integration simplifies the process, making it more convenient and efficient to manage your account. Key Features: Follow the below steps to top up WBA successfully…
Fees vary from one financial institution to another. They range from Registration fees, management fees, Insurance fees etc. Some fee amounts could be high for a member to make lumpsum payment. This feature allows members to pay the fees in manageable fees overtime. Once a member logs in their member app, below are the steps…
The SMS Unit allows administrators to purchase SMS credits directly from the WBA balance. Automated Credit Deductions Paid vs Free Messages User Alerts for Credit Management