e-Business

The e-Business strategy of Citibank is to :
CONNECT our customers to our web enabled services,
TRANSFORM our capabilities into new Internet offerings and
EXTEND our reach into new markets via integrated infrastructure solutions and partnerships with technology companies or e-Commerce market makers.

Our strategy is to position Citibank as the embedded Financial Services engine that powers the Internet economy.

Our capabilities include:

B2B Settlements
We are partnering with the leading B2B portal in Kenya and East Africa to provide payment and settlement solutions between Buyers and Sellers. This is a live application.

We are also the proposed settlement provider via a payment gateway to a major Kenyan manufacturer between the company and its distributors enabling on-line real time web based payments.

e-Billing

• Citibank e-billing is an integrated system supporting both paper and electronic bill presentment and payment.
  
• Enables Billers to present invoices to their customers/subscribers (Bill Payers) online, to track receivables, and receive payments settled through Citibank

E-Business covers all our product areas including cash management, electronic banking, and trade services.

CitiDirect is the centre of the Citibank global e-Business strategy.

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