Paysync

Introducing Line of Credit. Cash is sent instantly to M-Pesa. Apply in 5 mins.
Introducing Paysync Technology’s new personal line of credit offering continuous access to credit! Apply once and borrow against your credit limit of up to KSH 10,000 as often as you need to. Download the app & get started today! .The app is only available for use by the members registered in the Sacco.
:point_right: Paysync APP KEY FEATURES
:heavy_tick: Quick cash approval
:heavy_tick: Double your credit limits fast
:heavy_tick: Rates as low as 0.25% per day
:heavy_tick: No paperwork, collateral, or bank account needed
HOW IT WORKS
• Apply in Minutes
Download the app from Play Store and get a customised credit offer depending on your membership savings.
• Choose your Terms
Confirm your desired cash amount and select your target repayment date.
• Get your Cash
Money is sent directly to your MPESA.
• Continuous Access
Apply only once and get continuous access to borrow up to your approved credit limit (subject to terms and conditions).
• Repay Easily
Login into the app. You can pay in full or make partial payments anytime, on or before your due date.
WHO CAN APPLY
:heavy_tick: Any resident citizen of Kenya 18+ years old but a member of the Sacco
:heavy_tick: Eligible persons holding valid ID and a mobile number
Paysync App Highlights
:heavy_tick: ULTIMATE CONTROL
• No auto-debit - guaranteed! You decide when you are ready to repay
• If your plans change, the cost of your line of credit will automatically adjust
:heavy_tick: NO HIDDEN FEES
• Daily interest rate as low as 0.25% (that is only KSh 5 per day for borrowing Ksh 2,000)
• Only pay for days you need
• No access charges
FAST LIMIT GROWTH
• Limits up to KSh 10,000
• Fastest limit growth in the industry
SECURE
• Paysync Technologies secures your personal information with SSL encryption
• Paysync Technologies treats all MEMBERS with respect, even if you are late on repayment
PERSONAL CREDIT LINE TERMS
• Credit limit amounts: KSh 100 to KSh 10,000
• Daily interest is charged on the amount of credit you borrow, ranging from 0.25% to 0.6%
You are required to pay off your line of credit by the due date to avoid late payment interest equal to 8% of outstanding balances will be applied.
In accordance with The Excise Duty Act, you will also be charged 20% Excise Duty on daily interest and late payment interest, which is payable by Paysync Technologies to the Kenya Revenue Authority.
All amounts payable by you for any credit line will be displayed prior to you accepting the credit line and disbursement by us to your mobile money wallet.
You will have ongoing access to cash if you clear your outstanding balance and keep your Paysync Technologies relationship in good standing (some exclusions apply). All lines of credit are subject to terms and conditions. Always study the terms and conditions and the disclosure statements before proceeding with any transaction.
PRIVACY & PERMISSIONS
All data collected is to verify your identity and build your credit profile. Paysync Technologies never discloses any personal information to anyone who is not you without your permission or sells your data to third parties. Paysync Technologies is registered with the Office of the Data Protection Commissioner & our Privacy Policy is here: https://support.presta.co.ke/portal/en/kb/articles/privacy-policy
CONTACT US
Email: support@presta.africa
Phone: +254711082442
Website: https://www.presta.co.ke/
DISCLAIMERS
Paysync APP is not a bank or a personal loan app. Instead, we provide personal lines of credit to members. Paysync APP is not associated with online mobile cash loan apps in Kenya, such as Zenka, Branch, Timiza, Okash, MKopa, Fuliza, Kashway, MShwari, Zash, Ipesa, Mkopo Haraka, Kopesha, Asap, Creditmoja, Hustler fund, Credit Hela, Equity Bank app or Mkopo Rahisi.