Emergency Efloat

Overdraft

What is emergency Efloat?
Emergency float is simply an overdraft that allows you to transact up to a certain amount even when you do not have enough money in your account to cover the...
Wed, 4 Apr, 2018 at 4:46 PM
What do I do to get emergency float?
To be eligible to get emergency float, you must be an Agent for at least one year, join orange club and you must have demonstrated a strong business growth a...
Wed, 4 Apr, 2018 at 4:47 PM
What can I use emergency float for?
You can use emergency float to fund transactions that require you to have funds in your Paga account such money transfer, deposit to bank, bill payments, air...
Fri, 6 Apr, 2018 at 9:25 AM
When am I suppose to pay back emergency float used?
You are required to pay back within 24 hrs hours excluding public holidays.
Sun, 8 Apr, 2018 at 7:21 AM
When can I use emergency float?
You can use emergency float while waiting for your account to be credited after depositing funds into your Paga account. When you try to perform a transacti...
Sun, 8 Apr, 2018 at 7:22 AM
Is there a fee for using emergency float?
No. Paga is offering this service free of charge. If you fail to pay back within 24 hours, you will charged.
Sun, 8 Apr, 2018 at 7:24 AM
Will I be penalized for not paying back after 24 hrs?
You will be charged a penalty of 0.15% of the overdraft used every 24 hours.
Sun, 8 Apr, 2018 at 7:25 AM
How do I pay back emergency efloat used?
Paga will debit your account for the amount borrowed once you fund your account.
Sun, 8 Apr, 2018 at 7:28 AM
How do I request for Emergency float?
Simply contact the Paga staff covering your area. You will be required to fill emergency efloat request form.
Sun, 8 Apr, 2018 at 7:30 AM
How long does it take to approve emergency efloat request?
Processing of request usually takes up to 5 working days excluding public holidays. Note that approval is at the sole discretion of Paga.
Sun, 8 Apr, 2018 at 7:31 AM