Banks
Mi-Pay provides a range of bank branded remittance services including the provision of fully compliant and cost effective eWallets or virtual bank accounts. In addition, we also provides a wide range of infrastructure services to support agent networks working for the bank supporting the deployment of financial services to non-banked consumers in largely cash-based economies.
These offerings enable the bank to extend its reach beyond its current branch based network and to encompass new opportunities to provide basic financial services to many more people in a secure, yet cost effective manner through a combination of the consumers mobile phone and a widespread agent network.
MFI's
Micro-Finance Institutes (MFI's) are growing fast across the developing World given the almost limitless need for small loans to help the very poorest in society develop new businesses, but are limited by a general reliance on a paper-based infrastructure and reporting mechanisms.
Mi-Pay provides MFI's with a client branded loans management and administration service utilising mobile phones issued to staff that enable them to dispense with paper, using the mobile phones to collect data and administer the entire loans management process in a discrete but robust and secure manner.
Top
Back