The Co-operative Bank of Kenya has been encouraging businesses to embrace e-commerce even as they strive to survive the impact of Covid-19 that has hit the economy.
The E-commerce platform by Co-op bank has been here for a while and it has come in handy at a time when going cashless is the order of the day since physical cash could encourage the spread of the contagious Covid-19.
E-commerce has changed the way businesses are being conducted locally and globally and apparently, some businesses will not go back to the old ways of dealing with cash.
As part of its vast E-commerce solutions, Co-op Bank has been able to make business owners transact money using a number of currencies. The Currencies are; Kenya Shillings, the US Dollar, Euro, and GBP.
Other than the multiple currencies, using Co-op Bank’s E-Commerce comes with other advantages that include:
Convenience to their customers consequently Increase in sales –Customers can transact at any time from any location in the world.
Outstanding real-time processing speed with average authorization response times typically below 2 seconds
Multiple card types, international VISA credit and debit cards, pre-paid cards
Unparalleled processing scalability and security
Exceptional service reliability backed by 24×7 operations support
Support for additional fraud prevention solutions
Ease of integration
Real-time reporting
Merchants will now be able to receive payments not only from Co-op bank cardholders but also cardholders from other banks.
Co-op Bank has invested heavily in these solutions to guarantee merchants and their customer’s safety and quick flow of payments from their customers end into the merchant’s bank account.
As Covid-19 continues to change the business world, you should not be left behind not unless you want your business to collapse.
Be part of the journey of going cashless and join the Co-op bank E-commerce solution. To learn more visit the website https://www.co-opbank.co.ke/