{"id":2438,"date":"2021-10-28T14:56:51","date_gmt":"2021-10-28T11:56:51","guid":{"rendered":"https:\/\/www.ghafla.com\/sponsored\/?p=2438"},"modified":"2021-10-28T16:04:23","modified_gmt":"2021-10-28T13:04:23","slug":"take-your-business-online-thats-where-the-money-is","status":"publish","type":"post","link":"https:\/\/www.ghafla.co.ke\/sponsored\/take-your-business-online-thats-where-the-money-is\/","title":{"rendered":"Take Your Business Online: That’s Where The Money Is"},"content":{"rendered":"

Going digital\/ going online: I was just reflecting on the last year we have all experienced when a certain unnamed beer bug resulted in the rest of us having to become virtual shut-ins for the better part of the calendar year.<\/p>\n

I actually just realized that everything has gone digital. It’s all online.<\/p>\n

If it’s a wines and spirit? Then it’s gone online to save on the overheads aswell as it’s where all the clients reside and hangout. A butchery? Same script.<\/p>\n

Everything has gone online. Even thrift shopping which is what my neighbours and friends call\u00a0mitumba clothing<\/em> but it has it’s unique challenges. The biggest headache being processing pay. Making and sending payments can be a headache. Like if you need to bring in some refurbished phones from abroad; say the UK.<\/p>\n

Or say you need to pay for shisha bongs that youre bringing in from Iran or China for you to resell locally. How do you handle the payments? Do you run around to have your currency converted then you deposit and send it?<\/p>\n

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That is where Coop Bank comes in -to make things easier. Coop Bank has services that allow you to transact your online business with utmost peace of mind. The systems set in place to enable you to focus on your online hustle include:<\/p>\n

Online card payments<\/strong>
\nBoost your sales by integrating into our online card payment solution to receive card payments from customers from different banks and from anywhere in the world.<\/p>\n

These are Co-op Bank ATM\u2019s, Debit or Credit Cards. All payments for purchases or goods delivered can easily be checked off by swiping these cards.<\/p>\n

With card payments, it\u2019s easier to track stock levels, and enjoy an easy check out flow.<\/p>\n

PDQ\/POS<\/strong><\/p>\n

This is a device that refers to a payment terminal accessed by Visa cards to make electronic fund transfers. They are common in malls, supermarkets and fuel stations.<\/p>\n

POS stands for Point Of Sale in a business outlet. PDQ stands for \u2018Process Data Quickly\u2019.<\/p>\n

Co-op Bank avails PDQ\/POS machines to their clients. These machines greatly boost sales by enabling them receive card payments from customers from different banks.<\/p>\n

A trader enjoys timely reports, easier tracking of income and expenses.<\/p>\n

Lipa Na M-Pesa Till Number<\/strong><\/p>\n

Co-op Bank provides this service in partnership with Safaricom M-Pesa service. The bank offers to process a till number for their client\u2019s businesses, at no charge.<\/p>\n

This helps a business to receive cashless payments via Lipa na M-Pesa Till Number \u2013 usualy displayed at payment point at the business premises.<\/p>\n

The money clients pay through the Till number is deposited directly into the client\u2019s Co-op Bank account.<\/p>\n

The payments paid into the account can be accessed anytime via\u00a0Co-op Bank\u2019s<\/a>\u00a0mobile banking platform, ATMs, Co-op Kwa Jirani agents, Internet banking or at any branch across the republic.<\/p>\n

M-Pesa Paybill 400200<\/strong><\/p>\n

Co-op Bank\u2019s official M-Pesa Paybill number \u2013 400200 \u2013 enables a trader to receive payments directly into their Co-op Bank account.<\/p>\n

The money reflects into the account immediately. One can also check for the payment confirmation via mobile banking or internet banking platforms.<\/p>\n

Alternatively, one can receive notifications via text if they have subscribed to the MCo-op Cash SMS notifications.<\/p>\n

The funds are accessible anytime via the banks\u2019s mobile banking platform, Co-op Kwa Jirani agents, ATMs, Internet banking or at the branch.<\/p>\n

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M-Coop Cash<\/strong><\/p>\n

This feature is not limited to business owners, but to everyone with a Co-op bank account. It\u2019s applicable to all needs that require exchange of money.<\/p>\n

Encourage colleagues, family members, clients or business associates who have Co-op Bank accounts to send money directly account using the MCo-op Cash App or via USSD *667#.<\/p>\n

How does a business boost sales?<\/strong><\/em><\/p>\n