The Chaos of Group Collections
Whether it is an Alumni Association, a Church Group, a Wedding “Aso-ebi” committee, or a rotating savings club, the problem is always the same. The treasurer has to repeatedly post the bank account details in the WhatsApp group. Messages get buried. People transfer to the wrong account. People ask “Is this the right account?” fifty times a day.
The Central Source of Truth
Paycilo acts as the Permanent Notice Board for your group’s finances. The treasurer creates a profile (e.g., paycilo.com/@ClassOf2012) and links the group’s bank account.
Now, you just pin this link to the WhatsApp group description. Anytime a member needs to pay monthly dues, make a donation, or pay for a uniform, they click the link. They always get the current, correct bank details. If the group changes banks, the treasurer updates it on Paycilo, and the link stays the same. No confusion.
Separation of Funds
For treasurers who use their personal accounts for group funds (common in small groups), Paycilo helps maintain discipline. You can name the channel “Wedding Committee Fund” on the Paycilo page, reminding payers to add that specific reference. This helps you distinguish personal money from group money when looking at your bank statement.