Boosting Working Capital for Water Utility via Payment System Overhaul

BANKING

5/8/20241 min read

The Challenge

Inefficient and outdated payment methods slowed collections, distorted data accuracy, and led to theft.

The Solution

Identified context-appropriate payment channels in a developing country. Launched payment hubs at convenience stores like 7-Eleven to serve over 29,000 customers.

The Outcome

  • Accelerated collections and improved cash flow.

  • Increased data accuracy and reduced theft.

  • Researched a second-phase upgrade to improve meter reading via mobile and IoT.

160 Robinson Road, Singapore

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