Cooperative Bank Introduces Convenient SHIF Payment Feature on MCo-op Cash App

Cooperative Bank has announced an exciting upgrade to its MCo-op Cash app, making it easier for users to settle their Social Health Insurance Fund (SHIF) payments directly from their mobile phones.

In a statement posted on their social media platforms, the bank unveiled the new feature, emphasizing the convenience it offers to customers:

” BIG NEWS! Paying your SHIF just got a MAJOR upgrade! Say hello to convenience! Now you can settle your Social Health Insurance Fund (SHIF) payments directly on your MCo-op Cash app. The step-by-step guide shared by the bank explains how to use the new feature,”

1️⃣ Open the app and tap on ‘Bills.’
2️⃣ Scroll to ‘Direct Payments’ (don’t stop scrolling 👀).
3️⃣ Select ‘SHIF’ from the list.
4️⃣ Enter your E-Slip No/Universal Health ID and validate.
5️⃣ Choose the account, enter the amount, and confirm your details.
6️⃣ Tap ‘Pay’—that’s it!

This new feature is a part of Cooperative Bank’s ongoing effort to simplify and streamline the banking experience for its customers, further cementing its position as a leader in digital banking solutions.

The bank’s seamless integration of health insurance payments into its MCo-op Cash app marks a significant milestone in improving accessibility and convenience for its customers, while also contributing to the broader goal of enhancing financial inclusion.