Home Business Riverbank Solutions inks a lucrative contract to digitize revenue collection in Mombasa County through its portal

Riverbank Solutions inks a lucrative contract to digitize revenue collection in Mombasa County through its portal

Riverbank Solutions inks a lucrative contract to digitize revenue collection in Mombasa County through its portal

Riverbank solutions has been awarded a lucrative deal that will see revenue collection in Mombasa County digitized through its platform, the county government’s revenue streams that include market fees, license fees and parking fees will now be remitted through mobile money services instead of cash. County governments across the country have been modernizing their revenue collection process to stem corruption and loss of revenue that’s currently bedeviling those still using old-fashion methods.

The deal, whose value remains a secret, adds an important member from the tourist hub to Riverbank Solution’s portfolio with other counties like Nakuru, Makueni and Meru already onboard. The deal will come effective staring February 18th where county residents will start to seamlessly make their payments by USSD Code: *282#.

In recent times, there has been controversy that has rocked Nairobi County with its revenue collection partner – JamboPay. The technology firm has been accused of remitting less cash to the authority, short of the amount recorded by the county government. And in some instances, holding the county’s revenue for several days before transmitting while their deal clearly stipulated that JamboPay transfer any revenue collected within twelve hours. This has led to termination of their contract upon expiration and Nairobi County is currently seeking for a new firm to manage its revenue collection of which Riverbank Solutions has clearly shown interest.

While confirming the deal, Riverbank Solutions also indicated it had partnered with two local banks – Kenya Commercial Bank and Equity Bank to enable seamless transactions on its portal. This is in addition to other channels including USSD, and Safaricom’s M-Pesa on a point-of-sale (POS).

How to Register to Mombasa County electronic cash payment services;

  • On your mobile phone, dial *282#
  • Follow the prompts to register for e-services
  • Start making accessing e-services for Mombasa County

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