What eTIMS Billing Software does for a money transfer service
eTIMS billing files a compliant tax invoice with KRA on every sale, with no manual entry. For a money transfer service, the value shows up exactly where the work is hardest.
Money transfer services track transactions, reconciliations, KRA compliance and fraud prevention. Money transfer margins come from service charges and spreads.
KRA and customers expect transparency, anti-money laundering compliance and fast settlements. Veira handles that as part of the same sale, so compliance is not a separate evening job.
Money Transfer Services run differently, and the software should too
A generic till misses the details that decide whether a money transfer service makes money. These are the ones that matter:
- 1
The daily reality
Transaction tracking and reconciliation. eTIMS Billing Software built for a money transfer service turns that into a number you can act on, and you also issue a KRA compliant eTIMS invoice on every sale.
- 2
Where the margin leaks
KRA compliance and reporting. eTIMS Billing Software built for a money transfer service turns that into a number you can act on, and you also queue invoices offline and submit when reconnected.
- 3
What slows the counter
Fraud detection and prevention. eTIMS Billing Software built for a money transfer service turns that into a number you can act on, and you also keep a clean audit trail you can export in one click.
- 4
What buyers expect
Customer service and support. eTIMS Billing Software built for a money transfer service turns that into a number you can act on, and you also give registered buyers the invoice they need to claim input VAT.
What to look for in eTIMS Billing Software for a money transfer service
- eTIMS filing built in, not a separate fee. This matters for a money transfer service because of transaction tracking and reconciliation.
- Offline queueing so an outage does not stop billing. This matters for a money transfer service because of KRA compliance and reporting.
- An exportable audit trail. This matters for a money transfer service because of fraud detection and prevention.
- Support that handles KRA onboarding with you. This matters for a money transfer service because of customer service and support.
A notebook and a basic till, or Veira
| Notebook or basic till | Veira | |
|---|---|---|
| Counting stock | By hand, rarely matches the shelf | Live by item, branch and value |
| M-Pesa at the counter | Checked on a separate phone | Matched to each sale automatically |
| eTIMS invoices | Typed in later, if at all | Filed on every sale, even offline |
| Knowing your numbers | A monthly guess | Live margin and takings on your phone |
A real money transfer service example
A Nairobi money transfer service handling 1,000 transactions daily cannot track reconciliations or KRA compliance.
- Transaction tracking and reconciliation.
- KRA compliance and reporting.
- Fraud detection and prevention.
- Issue a KRA compliant eTIMS invoice on every sale.
- Queue invoices offline and submit when reconnected.
- Keep a clean audit trail you can export in one click.
Every sale on Veira files a compliant KRA eTIMS invoice, online or offline. KRA and customers expect transparency, anti-money laundering compliance and fast settlements.
eTIMS billing files a compliant tax invoice with KRA on every sale, with no manual entry. Here is what that looks like with Veira:
- Issue a KRA compliant eTIMS invoice on every sale
- Queue invoices offline and submit when reconnected
- Keep a clean audit trail you can export in one click
- Give registered buyers the invoice they need to claim input VAT
Related questions
Frequently asked questions
Is eTIMS Billing Software hard to set up for a money transfer service?
Does it keep working offline?
Does it handle M-Pesa for a money transfer service?
Is it KRA eTIMS compliant?
How much does eTIMS Billing Software cost for a money transfer service in Kenya?
Can it run more than one money transfer service?
Based on KRA eTIMS regulations and interviews with 5,000+ Kenyan businesses
Whether you run one money transfer service or several across Kenya, Veira gives you eTIMS billing that fits the trade instead of fighting it. Book a free demo and see it work with your own domestic money transfers.