How is your business coping up with going cashless during the Covid-19 pandemic? Are you meeting the demands of your customers during this time?
If the answer to the above question is ‘NO’ you do not have to worry as Co-operative Bank of Kenya has a variety of E-Commerce solutions to ensure you go cashless during this time as well as meet the demands of your customers.
Among its vast E-Commerce solutions, Co-op Bank has the PDQ/POS machines which will enable you to receive card payments from customers be it your bank or any other bank.
So how do you apply for a PDQ/POS machine as a merchant? Here are the requirements for the application;
For Limited Liability Companies
Certified copy of Certificate of Incorporation.
Certified copies of Memorandum & Articles of Association.
Certified copies of PIN or VAT (where applicable).
Audited accounts for the last one year or latest 3 months’ certified bank statements by the issuing bank, if not banking with Co-bank.
Certified copies of the Directors’ National IDs/Passports.
2 copies of a Merchant Agreement and 1 copy of Merchant Application, executed under the company seal and documents signed by at least two of the company’s Directors or 1 Director and the Company Secretary.
For Sole proprietorships or Partnership
Certified copy of Certificate of Registration.
Certified copies of PIN or VAT (where applicable).
Certified copy of the business owner(s)’ National IDs/Passports.
Certified bank statement by the issuing bank for the last three months, if not banking with Co-op Bank.
2 copies of a Merchant Agreement and 1 copy of Merchant Application, all signed and stamped by at least one of the entity’s owners and witnessed and stamped by an Advocate of the High Court of Kenya.
Other than the PDQ/POS Machines Co-op Bank has other e-commerce solutions that include MCo-op Cash, Online card Payments, Lipa Na Mpesa Till ad The Mpesa PayBil 400200 that will help you go cashless during this time.
For More information, visit the https://msme.co-opbank.co.ke/business-solutions/ as you continue to stay safe.