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Business Beyond Cash — The Beyonic Blog Archive

Thoughts & Updates From Beyonic — Archive

Fintech
Covid-19
Financial Inclusion
Africa
Mobile Money

Zero Outgoing Fees Extended Till 15th May

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Dear Valued Partner,

COVID-19 is changing much about how we live, communicate, and work. We are all focused on how to best take care of our communities, families, employees, and customers in the face of changing circumstances.

As we all continue to navigate the current social and economic impact, we at Beyonic recognize the necessity of simplifying digital funds movement, now more than ever. By lowering that cost for you, we hope that this will promote the continuity and success of your business.

On 15 March 2020, we decided to waive our fees for all outgoing payments for 1 month. This meant that you would not incur the standard cost of delivering payments to your beneficiaries, up to 15 April 2020.

We strongly believe in amplifying the objectives of our partners and recognize that continuing the work you do is so important in the communities where you operate that we wanted to do more to further reduce barriers to you making payments.

In this spirit we have decided to extend this offer through 15 May 2020.

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Here are a few things to note during this campaign:

  • MTN & Airtel (Uganda) have also discounted their charges on Mobile Money payments from UGX390 to UGX300 per transaction. This UGX90 reduction has also been passed entirely on to you.
  • Outgoing Bank payments have also been subsidized to UGX4,000.
  • Effective immediately and up to 15 May 2020, all discounts have been automatically set in the system, to ease in your reconciliation process.

Our support channels remain available to provide support to you during these unprecedented times. Don’t hesitate to reach out on our website or at support@beyonic.com.

On behalf of all Beyonic employees, our thoughts are with you wherever you are.

*please note this campaign is exclusive of collections and telecom fees.

Fintech
Covid-19
Financial Inclusion
Africa
Mobile Money

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