Paynet Kenya has partnered with Finteq of South Africa to offer a full spectrum solution that will allow Kenyan banks to electronically process, clear cheques and other electronic funds transfer (EFT) data.
“This electronic process will help streamline the cheque acceptance process, reduce paperwork, and expedite closing, balancing and settlement. This process presents the opportunity for substantial cost savings and superior customer service across the business”, said Rob Muller, commercial director of Finteq SA.
by Business Daily staff
