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MSACCO

MSACCO is the most convenient and effective solution for SACCOs and Microfinance to provide mobile financial services to its members and customers respectively.


With MSACCO, members can make deposits and withdraw money from their respective accounts, make payments to various SACCO products. Payments to the SACCO via MTN Mobile Money or Airtel Money have now been simplified. Members can also access their funds through INTERSWITCH ATMs and POS


The Benefits of using MSACCO

To the SACCO Members

  • Convenience: You can transact from anywhere and at any time
  • Save Money and Time: Dont spend time and money traveling to the banking hall any more
  • Accountability: Monitor the activities on you account. No surprises, keep track of your money on the phone
  • Achieve a better Credit Rating by transacting more often.

To the SACCO

  • Customer Retention: Regardless of which town, village or country your members shift to, keep serving them through MSACCO
  • Cheaper to do business: No need for setting up multiple banking halls any more. Members no longer need to come to banking halls
  • Source of Revenue: Generate repetitive income from Mobile Banking Transactions

How to use MSACCO

Making a deposit

1
Load money to your MTN or AIRTEL Money account.
2
Dial *165# on MTN or AIRTEL. You can also dial *185# on AIRTEL.
3
Choose financial services
4
Choose Deposit and follow the prompts

Making a Withdrawal

1
Dial *165# on MTN or AIRTEL. You can also dial *185# on AIRTEL
2
Choose financial services
3
Choose M-SACCO on AIRTEL or SACCO on MTN
4
Choose Withdraw and follow the prompts
5
Enter SACCO ID
6
Enter member account number
7
Enter Amount to be drawn to Mobile Money wallet account from SACCO.
8
Enter Mobile Money PIN.

Approving withdrawal

1
Dial *288*66#
2
Enter MTN SACCO ID
3
Enter member number
4
Choose approve withdraw
5
Confirm Approve
6
Enter SACCO PIN.

Check Balance on MTN

1
Dial *288*66#
2
Enter MTN SACCO ID
3
Enter member number
4
Choose Account Balance
5
Enter SACCO PIN.

Check Balance on Airtel

1
Dial *185#
2
Choose Financial Services (7)
3
Choose check balance
4
Enter SACCO ID
5
Enter Account number
6
Enter PIN to confirm