Equity Pay is an alternative service whereby an EquityBCDC client (holder of a current account) or a non-client (holder of a mobile money account) pays for purchases at a point of sale owned by an EquityBCDC merchant (holder of a cashier number assigned by the bank), from his or her phone, without the use of cash or even a bank card
What alternative channels for using Equity Pay?
Equity Pay is already available on the following channels:
Eazzy *420#
Eazzy Telegram
Orange money.
The Equity Pay merchant will already be credited automatically and will be notified by SMS to confirm the payment. And the customer will also receive a debit SMS.
What are the requirements to become an EquityBCDC Merchant?
To become an EquityBCDC Merchant, accept payments via EquityBCDC payment terminals and also subscribe to the telephone payment facility, the business owner must meet the following conditions:
Partnership conditions
Have a commercial activity
Have a good visibility
Have a legitimate business that is on the EquityBCDC's list of fundable businesses
Documents to be provided
Copy of the owner's identity document
Copy of all identification documents of the establishment :
RCCM
National ID
Authorisation to open
Notarial status for companies
Tax number
What are the benefits of Equity Pay ?
Benefits for the Merchant
No contact with cash, especially in this season when hygiene is important.
You can accept payments from customers of all mobile networks (Currently only available with Orange money)
You are not charged any commission as the collection of payments is free.
When customers pay you, the money appears instantly in your account (real-time settlement).
The money collected is available for immediate use.
Easy reconciliation and auditing
Benefit to the customer
Enjoy fast, cashless payments without having to touch the money
Take advantage of interoperability as they can pay from any mobile network they belong to, i.e. Orange and bank accounts (currently)
Enjoy the convenience of paying directly from their account, without having to transfer money from their bank account to their mobile wallet.
What is the process for using Equity Pay?
From Eazzy Telegram
Go to My Services
Select Equitypay
Enter the TILL number
Select the account
Enter the amount
Confirm amount and merchant
Enter PIN code
Validate
Insert OTP to confirm.
From Eazzy *420#
Enter *420#
My services
EquityPay
Enter the Till number
Confirm merchant name
Insert amount
Select the account to be debited
Enter the PIN code.
From the Orange Money *144# menu
Enter *144#
Select the account
Choose I pay with my account
Opting for Equity Pay
Enter the amount
Confirm merchant with the pin.
Contact Us
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