Solution SACCO is a licensed tier one; Deposit taking SACCO established in 1976 with an aim to champion social economic prosperity of its members. The SACCO is licensed and regulated by Sacco Societies Regulatory Authority (SASRA).
The product is a mobile app that works as Mobile Banking. It lets users deposit ,send and receive money easily and can connect with other mobile money services for smooth transactions.
Features available on the platform:
Deposit and Withdrawal to FOSA Account:
Users can add money to or take money out of their FOSA (Front Office Service Activity) account directly through the app.
Deposit to BOSA Savings Account:
Users can deposit money into their BOSA (Back Office Savings Activity) savings account to grow their savings.
Transfer Funds:
The app allows users to send money to other people, whether they are using the same wallet or another mobile money service.
Balance Inquiry:
Users can check how much money they have in their account at any time through the app.