Faulu Microfinance Bank has unveiled a significant upgrade to its 6-digit Merchant Paybill solution, now delivering instant settlement and real-time payment notifications to traders. This move is aimed at enhancing the digital payment experience for Micro, Small, and Medium Enterprises (MSMEs), enabling the businesses to receive funds faster and manage their businesses with greater confidence and efficiency.
The enhanced Faulu 6-digit Paybill will enable merchants access their funds immediately after a transaction—helping them manage cash flow, replenish stock, and serve customers faster. In addition, instant SMS notifications ensure real-time transaction alerts, eliminating delays and giving traders full visibility over their collections.
“The Faulu Merchant Pay bill solution is designed to keep traders in control of their business finances—no delays, no uncertainty. Instant settlement and real-time notifications mean merchants can focus on growing their businesses, not chasing payments,” said Justus Kittony, the Head of Business Development, Faulu Microfinance Bank.
This solution is tailored for growing businesses, especially in the MSME sector, who rely on cash flow availability and efficiency to operate. It reduces the risks associated with manual reconciliations, cash handling and builds transparency in day-to-day operations, ultimately enhancing customer trust.
Faulu’s 6-digit Paybill is particularly suited for retailers, traders, service providers, and entrepreneurs looking for a reliable payment solution that supports daily operations without added overheads. The bank’s focus on convenience and affordability is helping drive the adoption of digital payments, especially in underserved and high-potential business communities.
“Whether you’re a retailer in town or a trader in a rural marketplace, you need fast, secure, and efficient ways to get paid. Faulu’s Merchant Paybill empowers you to do exactly that—with instant settlement and clear notifications for every payment,” added Julius Ouma, CEO, Faulu Bank.
This latest enhancement underscores Faulu Bank’s commitment to supporting MSMEs and driving digital financial inclusion through practical, accessible innovations.
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