There’s a new digital platform coming to Kenya that promises to simplify the process of paying rent to a landlord.
The e-payment solution, dubbed eResident, is tailored to serve the real estate market, specifically in the management of rental payment.
It has been developed through a partnership between KCB Bank Kenya Limited and eResident Limited, a bill management and rental payment services company.
eResident will offer a host of benefits such as security, convenience and cut collection cost for landlords and agents. The benefits apply to tenants too who will not have to deal with agents or queue at the bank to make payments.
The platform also makes tracking of payments easier since the money is sent from any of the money transfer platforms straight to the bank.
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