BUSINESS |
| An image of OKash facial recognition feature/Twitter |
In this article, however, we shall focus on the repayment process of Okash loan which should happen before or after 14 days. We shall also focus on how to grow your OKash loan limit and some special features that distinguish OKash from other money-lending mobile apps.
Repaying a loan from OKash
1. Open the OKash app on your device
2. Log in to your account
3. Select “Make a repayment” (The app will automatically redirect you to the Mpesa menu.)
4. Fill in the required details (Including your MPesa pin)
5. Repay
Once the transaction is successful, you will receive a notification message from both MPesa and OKash showing that the loan has been repaid.
How to grow your OKash loan limit
OKash believes in making sure customers access funds that they can comfortably repay. As such, the app primarily relies on customer data to determine subsequent loans.
Apart from your repayment habit, other factors may contribute to growth in your loan limit. For example, if your referee downloads the OKash app and services a loan successfully, you are likely to get a better loan limit.
Other features of the OKash App include:
a) Facial recognition
In a bid to tighten security on the app and protect your personal information, OKash added a facial recognition feature. You will set up this feature by uploading a selfie and photos of the back and front of your ID. Note that you will not receive a loan via the app unless OKash can authenticate your identity.
b) Referral code bonus
When you share your OKash referral code with friends and family, you will earn a bonus. Therefore, the more people you invite to the app, the more you will receive. The most recent version of the app (1.1.9.14) has a new product that requires you to pay fees upfront.
OKash loan contacts
The first way they can be reached is through email, help@o-kash.com you can use your mobile number as the subject of your email