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E-PAYMENTS FOR CASH TRANSFERS. MISSION. OUR MISSION. To deliver cutting edge ‘ disruptive ’ technology in payments and associated areas.
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MISSION OUR MISSION To deliver cutting edge ‘disruptive’ technology in payments and associated areas. ‘When businesses take ownership of a technology or application, the result is likely to be disruptive. The sweeping adoption of payment and Loyalty solutions is likely to have a ‘far-reaching’ and ‘unintended effect’ on consumer behavior. Today’s Institutions must be ready to facilitate this demand’
ZIZI SOLUTION OPTIONS Cardless POS solution Contactless card Contact card
Contactless card PIN option. Zizi Payment Platform Contact card PIN option. Cardless POS M&E Reports
NFC/RFID chip card Deployed on POS by tapping device. Smart chip card Deployed on POS. Cardless POS device with Database Onboard Description Cash card with Purse, can replace vouchers, POS with menu for Items so can do controlled purchases. Card can be reloaded and limits for periods too. Cash card with Purse, can replace vouchers, POS with menu for Items so can do controlled purchases. Card can be reloaded and limits for periods too. POS enrolls beneficiary with BIO and Photo. POS is loaded with beneficiary Data and synchronize with other terminals Beneficiary ID is enough. No NEED for Card. Usage All Yes Bio ,PIN or No Auth options? All Yes All Yes Works Offline and Online? Yes Yes Yes Setup/ Hardware costs? 2 1 3 Card comes preloaded, card can be issued on enrolment. No Card waiting except if Photo on card is required. Card comes preloaded, card can be issued on enrolment. No Card waiting except if Photo on card is required. Project Speed? Project can be deployed within 14 days. Quickest project turnaround. Best suited For emergency projects.
Card Issuing Options The best way to issue cards is to have them Pre-printed and pre-encoded, if possible use a Card number only and allocate it to a beneficiary at the point Of issuing. On many occasions a card is only used as a token of Authentication in electronic payments. A CPU card is best card as it can carry details on it… Magnetic stripe cards are no longer preferred..
The backend application… Accessible from anywhere… Details unprecedented automated reporting….
Case study • Service provider Kingdom Bank Zimbabwe • No. of Terminals 350 • No. of cards 34,000 • Card type NFC contactless cards • Authentication Card present and receipt signature • NGO’s Served 15+ • Description of solution: • Delivery of all the components required to implement the solution including software, POS terminals, contactless cards, • card printers, mobile registration application and security components. • Project implementation and consultancy services
Q and A ??
Nick Mwendwa Chief Executive Riverbank Solutions Ltd Suite A7, Silverpool office suites, Jabavu Lane, Hurlingham, Nairobi, Kenya Tel: +254 -20 249 94 96 Cell: +254 722 330 388 nick.mwendwa@riverbank.co.ke