This archive report was first published on 28 October 2021.
Going Digital: The New Normal ¶
As we reflect on the past year, it's clear that the COVID-19 pandemic has accelerated the shift to digital transactions. With the rise of online shopping and remote work, businesses are looking for ways to adapt and thrive in this new environment.
Co-op Bank is at the forefront of this digital revolution, offering a range of online solutions to help businesses boost sales and streamline their operations.
Online Card Payments ¶
Co-op Bank's online card payment solution allows businesses to receive card payments from customers from different banks and anywhere in the world. This is made possible through the use of Co-op Bank's ATM's, Debit or Credit Cards.
With online card payments, businesses can easily track stock levels and enjoy a smooth checkout process. This is especially useful for businesses that operate in multiple locations or have a large customer base.
PDQ/POS Machines ¶
Co-op Bank also offers PDQ/POS machines to its clients. These machines enable businesses to receive card payments from customers from different banks, making it easier to track sales and manage finances.
PDQ/POS machines are commonly used in malls, supermarkets, and fuel stations, and are a great option for businesses that need to process large volumes of transactions.
Lipa Na M-Pesa Till Number ¶
Co-op Bank's Lipa Na M-Pesa Till Number service allows businesses to receive cashless payments via M-Pesa. This service is offered in partnership with Safaricom and is a great option for businesses that need to receive payments from customers who use M-Pesa.
With Lipa Na M-Pesa Till Number, businesses can receive payments directly into their Co-op Bank account, making it easy to manage finances and track sales.
M-Coop Cash ¶
Co-op Bank's M-Coop Cash service is not limited to business owners, but is available to all Co-op Bank account holders. This service allows users to send money directly to another Co-op Bank account using the M-Coop Cash App or via USSD 667#.
M-Coop Cash is a convenient and secure way to send and receive money, making it a great option for individuals and businesses alike.
Registering for Co-op Bank Online Banking ¶
Registering for Co-op Bank online banking is easy and straightforward. Users can log in and transact using any internet-enabled device, including mobile phones, tablets, laptops, or desktop computers.
Users will need to create their own username and password, which can be reset at any time if forgotten. Additionally, users will need to enter an OTP (One Time Password) sent to their mobile number or email address each time they log in or make a transaction.