Egerton Sacco is on SpotCash M-banking platform. Our members are able to access their accounts and banking transactions using mobile phones.
Benefits to members:
- Time and location independence in banking.
- Reduced traveling requirements and expenses.
- Reduced cost of accessing funds.
- 24/7/365 banking experience.
- Better control over your money.
- Increased banking and promotion of the savings culture and discipline.
- Promotion of cashless culture that brings about reduction of cases of insecurity.
How to register:
- A member duly fills in the application form,
- Upon registration the member is sent a text message to specified phone number with a PIN, organization code and brief instructions on how to access Spot Cash.
- g. Dear JOHN ANONYMOUS. You are now registered for Spot Cash. your secret PIN is ****. Dial *645# to start using this service. Egerton University Sacco
How to use spot cash:
On Safaricom, dial *645# and enter your secret PIN to get services such as:
- New Pin
- Stop ATM
- Reply with specific number for specific enquiry and send
- Based on the type of service accessed you may be prompted for more input
How to deposit money to Egerton SACCO using M-PESA pay bill 350050
- Select “Pay Bill” from the M-PESA menu.
- Enter business number as 350050
- Then enter account number as,
- For FOSA savings account deposits enter 0060
- For Share Deposits contribution enter shares
- Enter amount to transfer and then enter your M-PESA PIN.
- You will receive a notification from M-PESA and Egerton SACCO confirming that the amount has been transferred to your account, and the current available balance after the deposit has been credited.