MyPay mobile money solution
We are a fintech company which utilise a proprietary mobile money solution using a patented SIM-Skin technology. Our mobile money solution is compatible with all mobile handsets (both feature and smart phones), allowing access to 100% of mobile phone users and works across all mobile networks, enabling full interoperability without the need for data connectivity or USSD.
- 1.7 billion people in the world are financially excluded with limited or no access to financial services.
- In Africa and the Middle East some countries’ unbanked population is approx. 80%.
- People often travel for 1-2 days to access funds to spend on goods, payments for crops or social payments - reducing productivity and increasing lost income.
- Existing solutions such as cash delivery and closed-loop network (non interoperable) mobile money cannot cater to the whole population and are overly expensive.
- Our solution can reach 100% of any country’s mobile phone users – most people have a phone or access to one.