Stima Sacco says it has fixed the issue affecting its online services, an assurance to its members.

Sacco’s management said this resulted from migrating its services to a new core banking system from the old Electronic Resource Planning, which is more secure and efficient in terms of amplification and transactions for existing and prospective members.

With the new and revamped systems, customers can withdraw, deposit, and borrow cash through their MPawa App, view statements and check balances, and onboard on their new-improved web portal, all in real-time, unlike in the past.

“We would like to assure our members that Stima Sacco is strong and that their investments are secure. Our new systems are now super-fast to serve them better and efficiently,” stated Stima Sacco.

Customers will now be able to carry out Electronic Funds Transfers (EFT), Real Time Gross Settlement (RTGS), and direct deposits. They will also access funds using all Visa-branded ATMs and pay at the Point of Sale.

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Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

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