Economy

Bank, Workers Compensation Fund Control Board unveil payment solution

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Access Bank Zambia in collaboration with the Workers Compensation Fund Control Board (WCFCB) have unveiled an E-Workers SmartPay solution.

Access Bank Zambia Managing Director and Chief Executive Officer, Lishala Situmbeko, is optimistic about the seamless and efficient method that the collaboration would provide for customers and employers to settle WCFCB payments through AccessPay.

In a statement issued on Monday, Situmbeko was upbeat about AccessPay being poised to revolutionise payment processes for many employers.

“This partnership not only takes our relationship with the Workers Compensation Fund Control Board to another level but also reinforces our commitment to becoming a truly digitally-led bank.

“By seamlessly integrating technology and convenience, we are creating an unparalleled payment experience,” Situmbeko said.

Read more: Winners emerge at Pitch-a-ton, as Access Bank sets aside K1 billion to support emerging businesses

The AccessPay innovative platform is expected to facilitate the convenient payment of assessments and fees through the Bank’s online payment platform.

Workers Compensation Fund Control Board acting Commissioner and Chief Executive Officer, Christopher Chilembo, pointed out that the E-Workers Platform would not only increase compliance among employers but also enable users to print receipts on their own, ultimately improving business efficiencies.

Chilembo stated that the joint launch signified a commitment to the longstanding business relationship between the two institutions.

“The joint launch is confirmation of the sound business relationship that exists between the two institutions,” he said.

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