SasaPay, a leading digital payments service provider, has launched a new tool aimed at empowering its platform’s users. This innovative feature allows merchants and users to automatically transfer funds to their bank accounts based on their preferred schedule—be it hourly, daily, weekly or monthly.
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 empowers 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.“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 user-friendly design of the tool simplifies money management for businesses, minimizing errors and delays while ensuring a consistent and reliable financial flow. Real-time confirmations keep all parties instantly informed, enhancing transparency. SasaPay also ensures user confidence in the auto-settlement process through robust security measures, employing encryption protocols and multi-layered authentication to safeguard financial data from unauthorised access.Regular monitoring, security audits, and updates contribute to the system’s resilience, along with redundant systems and fail-safe mechanisms, minimizing the risk of disruptions and ensuring a secure user experience.
This tool proves to be particularly beneficial for businesses such as matatu Saccos or PSVs owners, petrol stations, and small and medium enterprises (SMEs) that prefer to transfer money to banks after a certain period. “SasaPay’s auto-settlement feature embodies automation in fund transfers, reducing manual efforts, and enhancing 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 Mr Njoroge.