The Recurring Payment Plan (RPP) allows you to automate periodic investments into your preferred securities using mobile money. This guide walks you through the simple steps to create and activate your RPP.
✨ What You Need to Know Before You Begin
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Current Phase: Only Mutual Funds are supported.
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Payment Method: Mobile Money (MTN & Vodafone).
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Coming Soon: Card payments (via bank accounts) and support for Equities & ETFs will be rolled out soon.
📲 Steps to Create a Recurring Payment Plan
1. Navigate to RPP Setup
From the Account screen:
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Tap the three-dot menu in the top right.
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Select Manage RPPs from the dropdown.
2. Initiate a New Plan
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Tap Set Up Plan.
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Select the portfolio you want the plan to apply to.
3. Enter Recurring Plan Details
Fill in the following:
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Plan Name (e.g. Retirement Plan, School Fees Plan)
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Select Investments (e.g. EEBF, CCMF, FIAP)
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Investment Frequency: Choose Daily, Weekly, Monthly, or Quarterly
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Start Date and End Date
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Mobile Money Number for auto-debits
💡Tip: Ensure your mobile number is registered for mobile money with enough funds on the selected dates.
4. Allocate Investment Weights
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Distribute your total contribution across selected investments.
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Ensure allocations total exactly 100%.
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Minimum investment per asset may apply.
5. Review and Confirm Plan
You’ll see a summary:
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Portfolio name
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Plan details (frequency, duration, amount, allocations)
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Mobile number for debit
Double-check everything before you proceed.
6. Authenticate & Activate
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Use your fingerprint or PIN to confirm and activate the plan securely.
⚠️ Important Disclaimers
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The initial debit is done immediately after confirmation to activate your plan.
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Payment of an installment does not guarantee immediate order execution. Execution depends on:
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Market availability
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Queue processing time
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Order confirmation windows
Orders may take minutes to a few days to complete.
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Missed payments will pause the plan until resolved.
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