National Bank has launched cashlite payment solutions suite for county governments, Ministries, Government Agencies and Departments that support their business processes and cash management to cater for their collections requirements.
Ministries have already started implementing solutions that the bank created. The solutions which have been used by other agencies and departments, county governments and Higher Learning Institutions now enable most agencies to collects KEBS levy, sugar levy, land rent, turnover tax, stamp duty and motor vehicle fees.
National Bank Managing Director and Chief Executive Wilfred Musau said that “They currently collect on behalf of state agencies and our solutions are fully integrated to their ERP systems for real time updating of transactions as they happen and support in day to day reconciliation. This has been successful because of the host to host system connectivity between the bank and these agencies and counties.”