This how-to guide is going to guide you through the process of sharing float with other retailers from your PayWay POS terminal in Uganda. You can also read 4 other ways to get PayWay float in Uganda.
PayWay is an innovative financial platform that enables retailers to efficiently share float among themselves, revolutionizing the way businesses handle the cash flow. Traditionally, retailers face challenges in managing their cash reserves, often leading to inefficiencies and disruptions in daily operations. However, PayWay offers a transformative solution by allowing retailers to pool their float resources and seamlessly distribute them within their network. This approach not only optimizes cash management but also fosters collaboration and strengthens business relationships. In this article, we will explore the benefits and mechanics of PayWay, shedding light on how it empowers retailers to enhance their financial stability and drive growth through the shared float.
Read Also: Everything you need to know about PayWay Uganda
Here’s a step-by-step guide on how to share float with other retailers from your PayWay POS terminal:
1. Go to Payments on your POS
2. Select Mobile Money
3. Select Share Float
4. Enter Agent Top-Up Number
5. Enter the amount you want to transfer
6. Enter the agent’s contact number, Confirm Agent’s name, and then transfer the amount
The shared float will then be credited immediately.
PS: The agent receiving the float will be charged Ugx 1500 by the sender.
Call PayWay TOLL-FREE on 0800 20 30 20 in case of any query