Cash Available To Loan Out
The cash balance represents the amount available to loan to customers.
Please note that this amount may not always be equivalent to the paybill (digital wallet) ledger balance. The amount is calculated as shown below:
1. Paybill Account Balance (Digital wallet GL account) | This is the actual balance in the digital wallet GL account |
2. Deductions | These deductions reduce the amount available to be loaned out to customers. |
3. Net Amount | This is the final amount available to be loaned out to customers |
4. Lock earned interest | This setting allows locking and unlocking interest paid by customers. The setting may be utilised as away to enable a lender withdraw income earned from loaning activities. |
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