Integrated Cashlite Payment Solutions Qorus Banking Innovation Awards 2017

National Bank is always seeking new opportunities to increase efficiency for its clients and also support them in cash solutions targeted at removing the cash handling headache from them and leave them headroom to focus on their core businesses. In this regard, the Bank has launched cashless payment solutions for county governments and institutions that support their business processes and cash management of their collection requirements. Also included is Realtime settlements for MPESA paybills and Tills for our clients. This also covers school codes for scholl fess payments for schools. Through our integrated payment solutions, we offer Real Time collections via our Payment Gateway platform for Institutions Fees Collections. This gives us an opportunity to grow our cheap deposits base given that we are now the only Bank that has fully integrated systems to facilitate Real Time Collection and update of fees payments via our network in Kenya. This offers our customers accessible, easy and real time banking that lets them manage their accounts, wealth and all other financial problems within minutes. Also targeting students, the bank has effectively developed a smartcard solution that enables students to access various services such as entering/exiting campus premises (acts as an identification card), managing HELB wallets (tuition, accommodation, upkeep), access to library services, access to cafeteria services, gym services, exam/class attendance, paying school fees, accomodation, penalties, etc.