Ecobank, Kenya Revenue Authority to launch a financial digital platform for paying levies at the Namanga border and other locations across the country. Ecobank has partnered with Kenya Revenue Authority to launch a financial digital platform for paying levies at the Namanga border and other locations across the country.
The initiative is in an effort to enhance financial inclusion and transparency by enabling taxpayers to pay levies digitally and avoid the traditional use of cash and bank deposits at border points.
Payment of taxes has largely been through traditional modes of payments such as cash or bank deposits.
Digitizing payments guarantees convenience and flexibility for taxpayers, lowering security risks associated with cash transactions and addresses the challenge of handling bulk cash.
Speaking at Namanga Border point in Kajiado Count, Ecobank Head of Transactional Services Group for Central, Eastern and Southern Africa region, Robert Kola said the digital platform will help minimize corruption in tax payment.
The Kenya Revenue Authority has automated tax payment across various stations to improve service delivery in Kenya.
Clearing and forwarding agents and other taxpayers using the digital platforms to make payments will benefit from easy access to accurate payment Information.