Co-ops AfricaCo-op Pay
Rate board
SHARE-CAPSavings9.50%p.a. dividendGROUP-SAVESavings11.25%p.a. dividendFIXED-12Savings12.75%p.a. dividendFIXED-24Savings13.40%p.a. dividendPURSE-USDAccounts3.50%p.a. earnedPURSE-ZIGAccounts6.00%p.a. earnedINPUT-CREDITCredit16.50%p.a. on creditSTORE-ORDERCredit18.00%p.a. on creditEQUIP-FINAsset finance14.25%p.a. on creditSOLAR-FINAsset finance13.75%p.a. on creditSHARE-CAPSavings9.50%p.a. dividendGROUP-SAVESavings11.25%p.a. dividendFIXED-12Savings12.75%p.a. dividendFIXED-24Savings13.40%p.a. dividendPURSE-USDAccounts3.50%p.a. earnedPURSE-ZIGAccounts6.00%p.a. earnedINPUT-CREDITCredit16.50%p.a. on creditSTORE-ORDERCredit18.00%p.a. on creditEQUIP-FINAsset finance14.25%p.a. on creditSOLAR-FINAsset finance13.75%p.a. on credit

Digital Banking

USSD, mobile wallet and payment channels

Banking that works on any phone. Members reach their purse by USSD, through the Co-op Pay wallet in the app, or by funding from a card or bank rail.

USSD banking

No smartphone required — the member's purse is reachable from any handset, with the session secured by a PIN.

*384*88#Dial to open the Co-op Pay menu, then choose the purse currency.
1Check balance — the purse balance is returned by SMS.
2Send money to another member's 6-digit purse.
3Deposit instructions for gateway or bank funding.
4Request a mini-statement for the current month.
Co-op Pay wallet

The wallet is the member's in-app purse: top up from a gateway or bank deposit, pay merchants in the Co-op Store, transfer to another member, and settle Co-op Pay invoices without leaving the ecosystem.

  • Instant top-up confirmation once the gateway callback settles
  • Peer-to-peer transfers between member purses
  • Store checkout and invoice settlement from the wallet balance
  • Full statement and reconciliation view in the member portal

Funding channels

PesePay collection

Member-initiated deposits settled into the wallet as soon as the gateway confirms the transaction.

Omari collection

Alternative card and wallet collection rail with the same member reference quoted on deposit.

Paynow checkout

Card, EcoCash-style wallet and bank push payments for members paying from outside the app.

Manual bank deposit

Direct deposits to the cooperative's account using the member reference so the desk can verify and credit.

Security and member protection
  • One-time PIN on every wallet movement and purse transfer
  • Member reference on every deposit so funds are credited to the right purse
  • Signed, token-authenticated gateway callbacks — a payment is only credited once the gateway confirms it
  • Session and device controls with full withdrawal of access at any time