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Salary and Vendor Payment

Konetpay will enable seamless salary payments and fund sweeping for the state government and parastatals.
Fee for salary payment is charged per transaction/credit account.

Revenue IGR collection

Konetpay can enable government revenue collection via multiple payment channels including Bank Branches, Internet banking, PoS , online, Agency locations etc.
Fee is charged as a percentage of total revenue collected.

Account Inventory Service

Konetpay is also able to supply a list of accounts belonging to the state across all the banks to unravel/discover all state government and associated accounts.
Fee is charged per searched account.

BVN validation Service

This can facilitate KYC and identification process for the state government and its parastatals it entails validation of personal data including BVN via NIBSS The system accepts a bulk file and for each account number returns the BVN. This service is very useful for government MDAs who want to spot ghost workers in their employment.
Fee is charged per account.

TSA

Konetpay will provide treasury management solution for the state government through a real time dashboard view of bank account balances across all banks and ease of funds movement and consolidation (fund Sweeping) for the state government and the parastatals
Fee charged for account viewing is per account.
Fee for fundsweeping is percentage of the swept account.

Account Verification/Clean-up Services

Konetpay can obtain account names corresponding to payee account numbers prior to effecting bulk payment s as to prevent payment into wrong accounts and to ensure accurate records of employees.
Fee is charged per account.

Your door to simplified payment services

A technology-first approach to payments

A fully integrated suite of payments functionality services for individual, msme, large organisation, private entities, ministries and government agencies.
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Fast and Reliable

The single solution that simpifies your payment procedure at any time

Konetpay brings user friendly payments functionality services. Creating more opportunities for financial inclusion, customization of payments functionality services and offering customers many different ways to pay and receive money in Nigeria with global networks.
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