Fast-paced development in digital payments landscape, along with the need for banks, telecoms, and service providers to grow their consumer and merchant wallet share, is creating massive demand for a secure, scalable, and robust platform that offers digital banking, payments, and commerce services in an integrated, cost-effective, and timely manner.
IRIS Money is the digital wallet and agency banking platform that offers a multitude of use cases, originating from almost any source and using a variety of digital payment instruments to provide a true multi-channel experience. The solution allows not only cost-effective customer offerings but also increases the overall profitability of the business by opening new sources of revenue.
The feature-rich solution empowers financial institutions and TPSPs to offer unified transactional banking services through a proven, robust, and reliable IRIS platform. It seamlessly integrates with existing infrastructure through ISO 8583/20022 and RESTful APIs, allowing financial institutions to significantly reduce time-to-market and expand market reach by targeting both underbanked and unbanked segments of the population.
Agency Banking Use Cases
- Government tax, license fees, pensions & support programs
- Aid and social welfare disbursements
- Corporate salaries and expenses
- Savings, loans and insurance
- Person to person, account to wallet & wallet to account transfers
- Cash deposits and withdrawals through agents, branches and ATMs
- Home & domestic remittances
- Bill Payments, airtime topup, school fees, and more.
- Online & retail payments
