Summary: POCiT, a mobile payments provider, and Munsoft, financial & billing systems service provider for local government, have teamed up to let users pay their municipal rates and taxes from their cellphones.
Mobile payments company, POCiT, and service provider of financial and billing systems for local government, Munsoft, have announced a partnership that will allow POCiT users to pay their municipal rates and taxes from their cellphones.
Munsoft said that they have moved to sending out monthly statements by cellphone; and the partnership with POCiT “closes the payment loop” by letting rate-payers pay their municipal bill immediately from their bank account using their cellphones.
David Reynders, managing director of POCiT, said that POCiT’s partnership with Munsoft is ideal for South African municipalities, as reports show that they are owed about R70-billion in unpaid bills – due to inefficient billing and collection mechanisms, and late payments.
“Note that this is the first step in getting the municipalities live – resolving the tech issue,” Reynders said; he went on to explain that each municipality still has a decision to make regarding the project.
A list (and map) of the supported municipalities is available on the Munsoft website.
According to the POCiT website, the mobile payment platform supports the following banks:
- Standard Bank
- Bank of Athens
- Post Bank
To use POCiT’s full set of features, users need to be able to download and run either a J2ME (Java) or Android application.
Users unable to run the applications can still view and pay bills through POCiT’s mobile website – or by using the USSD code *120*3636#.
Viewing and paying what POCiT calls a “presented bill” is free, but most other transactions attract some sort of fee.