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PowaNow
por dandoFin
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Prepaid Electricity Advance Solutions for South African Municipalities
PowaNow is dandoFin’s Prepaid Electricity Advance (PEA) solution that enables municipalities and vending partners to offer qualifying prepaid electricity customers an advance when they face short-term cash constraints, in much the same way that prepaid airtime advance works. The solution is designed to support customer continuity, increase transaction volumes, and create new service-fee-based revenue streams, while also strengthening municipalities’ cash flow through electricity pre-purchasing by dandoFin. Municipalities can earn up to 5% of the 15% service fee collected from customers, without contributing capex or opex, making PowaNow a practical financial inclusion and revenue-enhancement platform for both public-sector and vending ecosystem partners.
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