We, along with our partners provide secure electronic payments and transaction solutions for Central banks, financial institutions, retailers, service providers, and consumers to support financial Inclusion. Payment systems are the media through which economic decisions of economic agents are articulated and transmitted. Payment systems capture the very essence of demand and supply, facilitate the measurement of national statistics and guide national authorities in deriving effective policies for economic development and financial stability. Efficient, well- functioning and secure payment systems are therefore of utmost importance. National retail payment systems (NRPS) all over the world are undergoing massive transformation due to improvement and innovations in technology.to governments who are increasingly turning their attention to retail payments.

Our partners National Payments systems will deliver a centralised platform to handle real-time payments between various accounts e.g. bank, mobile financial platform and mobile wallet accounts interoperable across financial services providers. This will encourage innovation, cost effective and convenient digital financial services resulting in faster adoption by end users and opening up of the market beyond the limitations of traditional bank-based payment models.

The service we provide to central bank and other financial institutions are as follows:

• Provide a centralized switch and architecture to provide end-to-end interoperability among licensed financial service providers (commercial banks, micro financial institutions, MFS providers and other payment service providers), and across a range of digital channels (QR code, Internet, mobile, traditional and innovative POS terminals) and other use cases.
• Provide a centralized digital payment platform to which all providers can connect, and which is governed by a set of rules and standards applicable to each service.
• Implement an account verification service and central directory service for account aliases to facilitate easy and secure instant payment transfer among customers of commercial banks, MFIs, MFS providers and other payment service providers.
• Support shared mobile and Internet banking infrastructure for example providing mobile banking services to all participating institutions accessible by mobile app or USSD app with common short code.
• Enable instant P2P payment transfers with confirmation between various accounts (bank/ MFI/ m-money accounts) of customers across financial services providers
• Route ATM/ POS transactions between shared payment networks of regional payment switches / international card scheme networks and member institution host systems and perform clearing and settlement with relevant network and institutions.
• Apply ISO20022 messaging standard and provide a mapping layer for card transactions and similar (e.g., ISO8583).
• Provide an interface to integrate with major payment service providers in the market, including bill payment providers,
• Provide an interface with payment gateway service providers for e-commerce acquiring and facilitation of bill payment services.
• Provide fraud monitoring and controlling system for all transactional channels, dispute management system for managing domestic switch transactions and managing chargeback.
• Have highly configurable switch functionalities for product/service definitions, channel/device management definition, transaction processing and routing definitions, fee and charges management definitions, settlement and clearing, risk management etc.
• Support high volume, high availability processing through a scalable, fault-tolerant software architecture that runs on a variety of platforms.