Verify Bank of Abyssinia transfers before the goods leave
Customers pay from Bank of Abyssinia mobile or internet banking and show you the confirmation. Haq checks each transfer with Bank of Abyssinia itself and tells your cashier in seconds whether the money is really in your account.
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What Haq checks on every Bank of Abyssinia transfer
- It went to your account: the receiver on Bank of Abyssinia's receipt is one your shop registered.
- It's the right amount: never less than what your cashier entered.
- It was paid just now: an old receipt shown again doesn't pass.
- Nobody has used it before: each reference counts once, at any shop on Haq.
Where to find the Bank of Abyssinia reference
A Bank of Abyssinia transfer has a transaction reference that starts with FT. It is on the confirmation screen, in the SMS from the bank and on the receipt.
CBE references also start with FT. Haq reads the bank's name on the receipt too, so a BoA transfer is always checked with Bank of Abyssinia.
How it works at the counter
- The cashier photographs or scans the customer's Bank of Abyssinia confirmation, or types the reference.
- Haq gets Bank of Abyssinia's official receipt for that reference and runs the four checks.
- Green: hand the goods over. Red: Haq says what's wrong, so the cashier knows what to ask.
What you need
- The account or accounts your shop receives Bank of Abyssinia transfers on. The owner registers them once.
- An Android phone with mobile data or Wi-Fi for each cashier.
- Nothing from the customer: they pay from their own Bank of Abyssinia app, as they do today.