Let MonieWire handle payment complexities – you don’t need to experience difficulties and manage complexities associated with payments across many financial institutions in an ecosystem of financial interoperability.
MonieWire benefits in summary
- Ecosystem of Customers from member Financial Institutions - ‘One Customer for All’.
- Financial institutions generate revenue from transactions that takes place through your platform, and enjoy the benefits of operational float.
- Low transactional costs/charges across different financial providers and across different regions.
- Reduce services charges compared to Mobile Money transaction charges.
- 24/7 Instant payments.
- Easily integrate with any core banking and business applications
- Provide services that surpass what mobile money operators are providing.
- Member Financial Institutions determines what they will charge per transactions thereby able to attract and retain customers.
High level security payment protocols
Secured data transfer and tracking enabling FIs to meet compliance with global standards.
Extensive onboarding of utility services providers and merchants
Easily enroll utility companies and provide added value to customers with the opportunity for revenue generation.
Customer experience transformation
Allows customers to conveniently transfer money anytime and anywhere at remote locations and in rural areas.
Intelligent transaction monitoring
Enable frictionless transaction processing in and outside of your ecosystem. Fast fund transfer, quick processing and instant payment processing between member banks.
Allows for many account funding options
via account transfers on mobile platforms.