Pay24 - Loans, Money Transfer and Bill Payments

Pay24 - Loans, Money Transfer and Bill Payments is a finance app for sending money, paying bills, purchasing airtime and internet bundles, and accessing micro loans. It supports transactions across multiple mobile money accounts and includes services for both local and cross-border payments.

Transfers and everyday payments

The app supports money transfers to friends and family, with fees displayed upfront. The source description states that more than 85% of transfers are paid within 10 minutes or less, and that exchange rates are updated daily. It also describes the rates as guaranteed and presents the service as a low-cost option for sending money.

Users can pay bills and purchase airtime or internet bundles through supported mobile money accounts. Cross-border transfers are available across Africa and other parts of the world, with the source describing transfers as taking place within minutes. Pay24 also lists offline transaction capabilities, although the supplied information does not specify which actions can be completed without an internet connection.

Micro loans and currencies

Pay24 includes access to micro loans with stated repayment periods from 61 to 180 days. The supplied terms list a maximum annual percentage rate of 108% and interest of 9% for every 30 days. Loan fees and conditions are described as being shown clearly, so users can review the repayment information before proceeding.

For international use, the app can hold money in more than 10 currencies at the real exchange rate described by the source. These balances can be used for purchases such as airtime, bill payments, and internet bundles without exchanging currency separately for each transaction.

Voice navigation

The app includes text-to-speech voice prompts intended to help visually impaired users navigate its screens and use financial services. The source specifically recommends enabling TTS in the app settings for guided navigation.