Payfaxsav is the leading Digital Esusu (thrift) Savings platform in Africa that helps over 3,000+ customers achieve their financial goals by encouraging & helping them build a sustainable savings lifestyle.
We deliver what we promise and add value that goes beyond what is expected, so that we provide our clients with excellent service delivery.
With our Esusu (thrift) saving plan, you can save a specific amount of money regularly - daily, weekly, or monthly - depending on your preferred period. Our savings plan offers an annual interest rate of 12%.
We provide a flexible savings plan, where you can save, withdraw and manage your funds anytime. Flexi savings offers an annual interest rate of 10%.
You have the option to lock your funds for a specific period, ranging from one to five years. The interest rate for locked funds savings ranges between 13-15% per annum.
We allow you to save for a particular goal, project or major activities (Education, rent, travels, business, vehicle and property asset) etc, you can also save for multiple goals. Target savings offers an annual interest rate of 14%.
We help you save your funds for a fixed duration you cannot access until maturity. Fixed Savings attracts a higher interest rate of 16% annually. You can save for one to five years, depending on your capacity.
Our Halal savings plan is designed to align with Islamic laws by offering interest-free savings. It is ideal for Muslims who prefer not to earn interest on their savings.
