South Africa & Southern Africa
Digital stokvel software for savings clubs
Run your stokvel with a shared ledger, contribution reminders, and a payout rotation everyone can see. PayWallet Rounds is built for grocery stokvels, burial societies, investment clubs, and rotating savings groups.
Popular with stokvels across South Africa, Botswana, and Namibia. Also used by mukando groups in Zimbabwe on the same product.
Same tradition. Digital ledger.
Whether your club calls it a stokvel, a round, or a savings circle, the rules are the same: members contribute on a schedule and take turns receiving the pot. PayWallet records every deposit and payout.
Invite your circle
Create a group, send invite codes, and approve members before the first cycle locks.
Contribute on schedule
Weekly, fortnightly, or monthly deposits with a ledger every member can audit.
Get paid your turn
Fixed, random, auction, or vote rotation. Reserve stays out of the payout pool.
Rules that stay fair
Settings lock after the first cycle. KYC before withdrawals or disbursement.
Common questions
Can a stokvel use PayWallet instead of a paper book?
PayWallet is a digital group savings (mukando / stokvel) platform. Members contribute on a schedule and take turns receiving the pooled payout. Savings and round loans are posted to the PayWallet ledger — PayWallet orchestrates the circle.
How do members join our stokvel?
Ask your admin for an invite code, then redeem it in the member portal. Admins can approve or reject join requests before you become an active member.
How does the payout rotation work?
Rounds support fixed order, random, auction (bid), and vote-based rotation. Admins choose the policy when creating the round; settings lock after the first cycle.
Ready to run your circle on PayWallet?
Start on FREE, invite members, and upgrade when you need loans, reminders, or payroll.
- FREE: 1 group, 1 round, join up to 3
- PLUS and BUSINESS: capacity, loans, reports
- Works alongside SACCOs, banks, and community groups