SoftPayment is a secured and reliable banking software that enables Microfinance Institutions (MFIs) and Multi-Purpose Co-operative Societies (MPCSs) to operate online while carrying out daily members' account management, funds transfer, payment disbursement, thrift collection (Ajo, Esusu, Adashe), group savings (Contribution), and other financial services.
Setting up banking technology can be expensive, tedious and time-consuming task for organizations. This is why SoftPayment is made available for use as Software as a Service (SaaS) solution that automates the banking process, thereby cutting down the big budget, eleminating manual processing of payments that can lead to errors, delays, and bottlenecks, making it more efficient and accurate.
SoftPayment is easy to use and can be implemented quickly and easily. It is a scalable solution that can grow with your organization regardless it's size.

SoftPayment offers a variety of features that make it a valuable tool for organizations of all sizes. With SoftPayment, you can:

• Create, manage and assign Staff role (Staff role include: Marketer, Thrift Collector, Cashier, Teller, Customer Service Officer (CSO), Loan Officer, Head Of Operation (HOP) and Manager).
• Create and Manage your Branches. You can monitor and track activities of your branches.
• Create and manage transaction authorisation. Prevent or limit staff transfering funds on the go with SoftPayment's Authorisation.
• Create and manage Account Type (Savings, Current, Fix deposit, Salary account, Student account, trader account, etc).
• Set charges for account opening, transfers, withdrawal, etc. You determine how your customers are charged for certain transaction, and the charges goes to you as commission.
• Open account for your customers. They can access the account and share the account number with those they want to receive payment from.
• Create and manage Group Savings (Contribution). Easily manage multiple group contribution on the go. Set collection/payment interval (daily, weekly or monthly).
• Create and manage thrift collection (daily, weekly, monthly). Assign Thrift Collector to different customers. Monitor Thrift Collector while they are still on the field.
• Create and manage loan disbursement and collection.
• Deposit, withdraw and transfer to over 500 banks, MFBs and FinTech Wallets on the go. Create and manage single or bulk payment schedules.
• Generate reports on payment activity.
• Buy Airtime, Data, Cable TV subscription and Electricity Unit (BEDC, AEDC, EEDC, etc). You earn commission as a VTU vendor.
• Disbursement management System. Upload, import and manage beneficiaries of bundles, unit or clusters.
• 100% customisable. Set your App name, logo, website and contact details. Your customers sees your logo and details and not that of SoftPayment.

Here are some of the benefits of using SoftPayment:

• Increased efficiency: SoftPayment automates the payment disbursement process, freeing up your staff to focus on other tasks.
• Reduced errors: SoftPayment eliminates the risk of human error in the payment process.
• Improved accuracy: SoftPayment provides real-time tracking of payments, so you can be sure that your funds are being disbursed accurately and on time.
• Increased visibility: SoftPayment provides detailed reports on payment activity, so you can easily track your spending and identify areas where you can improve.
• Compliance: SoftPayment is a secure and compliant payment processing solution that meets the highest industry standards.
• 24/7 customer support: We provide 24/7 customer support for users of our products, so you can always get help when you need it.
• SoftPayment is a cloud-based solution, so you can access it from anywhere with an internet connection.
• SoftPayment is PCI compliant: SoftPayment is PCI compliant, so you can be sure that your data is secure when you use SoftPayment.
• SoftPayment is backed by a team of experienced professionals who are committed to providing you with excellent customer service.
• SoftPayment is backed and supported by ProvidusBank.

If you are looking for a way to improve the efficiency and accuracy of your MFI or MPCS process, SoftPayment is a great option.
SoftPayment is fully backed by ProvidusBank, a leading financial institution in Nigeria.
ProvidusBank provides SoftPayment with the financial infrastructure and security that it needs to operate effectively. This includes access to ProvidusBank's payment processing platform, which ensures that payments are processed securely and efficiently.

SoftPayment is also integrated with ProvidusBank's treasury management system, which allows users to track payments and reconcile transactions. This integration provides users with a single view of their payment activity, which can help them to improve their financial management.
If you are looking for a secure and reliable payment disbursement solution, SoftPayment is a great option.
Interested in getting started with SoftPayment? Get Started!