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How Do Cooperatives Collect Payments - Business - Nairaland

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How Do Cooperatives Collect Payments by kleem78(m): 1:19pm On Feb 28, 2018
I am about to start a cooperative with a group of old friends across various states in Nigeria. About 50 people has indicated interest to join but question that we are yet to answer is how we are going to pay our subscription given that we live in different state.

Our major concern has been how payments will be collected and managed. some has suggested making cash payment at the bank or online transfer and then sending payment confirmation to the administrator but personally I consider that process tedious and complicated.

Am looking for a system that can automate the collection process and also manage members and payment record.

Please help if you have or know anyone that runs a succesful cooperative

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