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What is SecurePay?
SecurePay is an agreement layer. It helps money follow recorded agreements and conditions instead of following a promise alone.
Why it matters
Most disagreements about money are not about dishonesty. They are about two people remembering the agreement differently. When the agreement, the roles and the conditions are recorded in one place, there is far less to guess about.
How it works
- 1People are named, each with their own KSNumber and their own role.
- 2An exact agreement version is proposed and accepted.
- 3Money is connected to the agreement and its confirmed state is recorded.
- 4Conditions are satisfied with evidence and confirmations.
- 5An evaluation decides whether the agreement is eligible for the next controlled step.
- 6Release and settlement are recorded separately, because they are separate events.
A practical example
Mary in Kiambu is buying 200 bags of cement. She proposes an agreement that says the money is released after delivery is confirmed at the site. Kamau Hardware can see exactly what is expected before delivering anything.
Common misunderstanding
SecurePay is often described as a wallet or a bank. It is neither. It does not hold your everyday money and it does not promise that a supplier will perform well.
What to check before acting
- Read the exact version you are being asked to accept.
- Check the role you have been given.
- Keep the agreement reference.