MFS has developed a robust and secure, easy to use Mobile Banking System. The system is a web based transactional platform used by financial institutions to offer various financial services to their customers. The system utilizes the communication and payment channels offered by mobile phone service providers and MFI’s networks. It has successfully gone through pilot program and iscurrently being launched in two major saccos.
h3>Mobile based credit platform
MFS has developed and implemented a mobile based micro-credit platform and partnered with two major banks in rolling out the product to their customers; one of the major partners has rolled out the product at the beginning of the year 2014. System Features • Customer Care Management • Loan processing • Loan Management • Financial settlements • Message services • System services • Financial reporting for internal and regulator use • System security • Credit Scoring