Posta set to go cashless from next month
The Postal Corporation of Kenya
is set to go cashless from June 1, 2022.
In a public notice issued on
Tuesday, the corporation - commonly referred to as Posta - outlined its
cashless policy for all postal services from next month.
“The Corporation has officially
adopted a cashless policy for postal services (mail and courier) payments at
all postal offices countrywide. All payments shall be received via official
Posta Paybill numbers for respective offices,” the Corporation stated.
“The Cashless Policy will ensure
seamless operations and excellent service delivery across our vast network
countrywide.”
Posta money orders and agency
services will however be exempted from the cashless policy.
The move comes even as the State
Corporation remains cash-strapped with a recent audit revealing it had failed
to remit employee and tax arrears rounding off to Ksh.1.8 billion.
The arrears include payroll taxes
and retirement benefits.
Posta has been striving to remain
solvent as its operations struggle under the wave of increased digitization in
information and communication technologies (ICT).
At the same time, Posta has
suffered from competition including the sprouting of private courier companies
who have proverbially given the Corporation a run for its money.
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