Bank-Grade Security
End-to-end encryption and secure transactions
Mobile First
Native mobile apps for iOS and Android
Real-Time Processing
Instant updates and notifications
Advanced Analytics
Comprehensive insights and reporting
Core Features
Everything you need to manage your savings circle effectively
Group Management
Create and manage savings groups with flexible membership, contribution amounts, and rotation schedules.
- Easy group creation
- Member management
- Role-based access
Contribution Tracking
Track all contributions in real-time with automatic calculations and payment reminders.
- Real-time tracking
- Payment reminders
- Automatic calculations
Rotation Management
Automated rotation scheduling ensures fair distribution of pooled funds among all members.
- Automated scheduling
- Fair distribution
- Transparent rotation
Secure & Transparent
All transactions are secure, transparent, and auditable with complete transaction history.
- Bank-level security
- Complete audit trail
- Transparent transactions
Smart Notifications
Get reminders for contributions, rotation dates, and important group updates.
- Email notifications
- SMS alerts
- In-app notifications
Analytics & Insights
View detailed analytics on contributions, rotations, and group performance.
- Performance metrics
- Contribution analytics
- Group insights
How PayWallet Works
A simple guide to saving together — mukando, stokvel, and rotating savings circles
Step 1
Join or Create a Group
Join an existing savings circle or create your own. Choose classic rotating savings or the PayWallet hybrid plan (accumulate then rotate).
Step 2
Make Regular Contributions
Each member contributes a fixed amount at regular intervals (daily, weekly, or monthly) as agreed by the group.
Step 3
Rotation or hybrid payouts
Classic: members receive the full pooled funds in turn. Hybrid: first half of cycles build collateral; second half pays the full pool to the next priority member; end share-out returns savings plus interest.
Step 4
Loans, defaults & share-out
Borrow against collateral at group-defined interest. Missed payments can auto-cover from collateral; at cycle end hybrid groups can share residual plus interest.
Key Benefits
Why choose PayWallet?
Easy group formation and member management
Automated contribution tracking and reminders
Fair rotation scheduling algorithms
Real-time balance and transaction history
Mobile app for on-the-go access
Secure ledger tracking
Dispute resolution tools
Comprehensive reporting and analytics
Ready to Get Started?
Join thousands of users already managing their savings circles with PayWallet.