MiBusiness
No matter what business you are in, you can use MOMULA to improve your efficiency and lower your costs. Wholesalers, retailers, service providers, government entities, NGOs, educational institutions, religious organisations, charities, clubs, etc., can benefit from MOMULA in numerous ways.
Payment Collection
MOMULA offers your organisation various cost-efficient alternatives to collect payment from your customers, including
A Payment Administration System
miBusiness is a web portal designed for organisations to manage their payment receipts and to make payments from the funds received. The portal offers functions typically performed within a finance function, including large-value payments as well as bulk payments such as salary payments and supplier settlements.miBusiness provides the following features for organisations and commercial entities:
- A single payment collection destination for all payments made to your organisation or business, including MOMULA, mobile, instant EFT, and card payments
- Create payment requests (single or in bulk) and distributes the requests to your customers
- Pay wages / salaries to your staff (single or in bulk)
- Pay suppliers and service providers (single or in bulk)
- Make immediate transfers to the organisation’s bank accounts
- Improve liquidity utilisation due to incoming funds being applied to your account immediately on receipt, thereby eliminating clearing delays applicable in traditional payments systems
- Invite customers, suppliers, employees, etc. to join MOMULA(single or in bulk
- Export data in Excel or csv format
- Manage your staff's access to system functions as well as their authorisation levels
How to register for MOMULA
To register your organisation as a MOMULA™ user, please click on the button below to access our online registration process.Once registered, your application will be processed for FICA compliance. Once approved, a MOMULA account will be opened for your organisation and you will receive the necessary information to access your miBusiness portal to set up your company's organisational profile and to start receiving and making payments. If you need more information, please use the Contact Us tab, complete the form and we will get back to you.
The MOMULA Payment Network, provided by Trustlink to the South African market, is a secure mechanism that enables organisations (i.e. merchants, service providers, government services, schools, churches, charities, etc) to create private peer-to-peer payment networks between them and their MOMULA-enabled counterparties, such as suppliers, customers, employees, members, etc.