QueueFree is an advanced mobile banking system , developed for use by members of the co-operative movement with the major objective of eradicating queues and offers 24/7 service delivery to members of the co-operative movement and other sectors of our economy . it is designed to achieve a wide range of benefits ; such as convenience catalyzing growth both in membership and capital base, realization of branch-less operations and at the same ensuring that there is high level of security and integrity It is the newest innovation and advanced mobile application system in the market today.
In this pandemic world #COVID19 , members are turning to their trusted societies to seek convenient ways of banking - from options to do instant money transfers , applying for loans online and paying cashless. leaders are realizing that digital banking is inevitable if they.want to ensure continuity with minimal branch interactions, avoid losing business, and at the same time defend a leading position beyond the crisis. with CODIC's Queuefree Mobile Banking, Saccos can now be able to offer these and much more to their members.
QUEUE FREE SYSTEM offers one of the most advance Bulk SMS and notification system in the country. the bulk sms are affordable and realtime which makes it easy for communication between the society and the members
Member can transfer/deposit money directly from M-Pesa into their savings and loans account QFS Mobile Banking also allows members to do transfer from the mobile banking warret to their other accounts or accounts of other members within the society.
Member can withdraw money from the mobile banking wallet to their M-Pesa, send money directly to any another registered M-Pesa number or withdraw money in to their bank accounts thus loan disbussement can easily be done via the mobile banking system
QFS Mobile banking system enables members of societies to apply for loans online using their mobile phones.they can appply for:
a. Normal loans
b. Mobile/Instant Loans
c. Guarantee loans online
Member can pay for goods and services using QFS Mobile Banking system,buy airtime at 4% discount regardress of any ammount purchased, purchase KPLC Tockens at no extra cost or pay any paybill number directly from the system.
There will be no optional need for the societies to open branches to serve its members. this will help in the reduction of operational costs and better services to members. efficient service delivery will boost society's capital.
With mobile banking, users of mobile phones can perform financial and non-financial functions conveniently and securely from their mobile devices. this makes it convenient and friendly for people who do not live close to towns to access financial services through their branches.
The system utilizes the mobile connectivity of telecom operators and therefore does not require an Internet connection (this is helpful for the people whose handsets does not support Internet connectivity).
The QFS Mobile Banking system is available round the clock 24/7/365 it is easy and convenient and an ideal choice for accessing paybils,Cash withdrawal, Instant Loans airtime top up services for all mobile phone owners anywhere,anytime.