Unleashing the traditional banking philosophy of maintaining accounts for custody, to virtual accounts that have no strings attached. Globally regulators have specific policies and maintenance requirements that makes a personal or an business bank account an asset that more so has some form of compulsions applied.
Virtual accounts, now popularly know as WALLET Accounts have no strings attached. It enhances the capacity to transact without any transaction cost. Transactions size could vary by the country, but the ease of relaying and accepting transactions has made it the most versatile concept of time.
Following the same principals on risk policies, integration with payment processors, banks, telcos, existing retail networks, makes it to be the most lucrative methodology for a transaction anywhere model.
Wallet Accounts use a variety of mediums for transaction processing. Internet Access, Mobile Application, SMS, USSD, Prepaid or Private Labeled Cards, POS Hardware, or ATMs. Most commonly used for transactions peer to peer (P2P) is the mobile, and for withdrawals is agent based, or transfer to bank accounts.
Wallet accounts has been instrumental in engaging the hidden economies of countries where people shy away from traditional banking for many reasons.
A seasoned approach that we undertake to deliver:
Supply Side Architecture
Reengineer, Innovate & Analyze
Demand Side Architecture
Implement & Train
Support & Improve