What is Onit Microfinance bank?

What is Onit Microfinance bank?

Shara is transitioning to Onit Microfinance Bank, a digital first banking app designed to offer you credit, payments, more banking functionalities and an enhanced user experience. We’re offering all Shara Merchants a free account with free transactions on Onit, built by the same team behind Shara.

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    • What are the benefits of transitioning to Onit?

      A free bank account for all Shara merchants Free transactions to friends & family on Onit Access the Same Credit Limit on the Onit App Your wallet balance will be sent to your M-Pesa account.
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      Onit provides you with the flexibility to transfer money to various banks and mobile money accounts. However, there are certain limits set for each platform. Please refer to the table below to ensure that you are aware of the updated maximum transfer ...
    • Joining Onit

      How to sign up for an Onit account Go to the Google Play Store or Apple App Store and install the Onit app. Open the app on your phone and click Create Account. Enter the phone number you would like to use on Onit and click Next. A one-time code will ...
    • Send Money

      Sending money from one Onit account to another Onit account is simple and free. Onit offers several options for sending money, including transfers to other Onit users, external transfers to mobile accounts, and payments to businesses. Onit does not ...
    • Onit Security

      In this article, we detail how Onit keeps your financial information safe and secure. Security Measures in Place At Onit, we take security seriously. That's why we have implemented various measures to ensure the safety of your account. Some of these ...