Micro-Finance

Mi-Pay provides a complementary approach to MFI's, NGO's and others by providing an easily integrated, secure mobile phone based service that can be linked to existing core systems to enable these bodies to communicate effectively with their agents, managers and field workers in remote locations.

Mi-Pay's service seeks to solve three of the most important challenges to micro-finance institutions:

• Improving the collection of information from remote or rural clients
• Streamlining the distribution of funds over the "last mile" to the end client
• Providing reports to fund owners and compliance managers

Through Mi-Pay, current paper-based services can be augmented or even replaced with mobile phone applications and other data services utilising voice, SMS and USSD to provide a range of client branded mobile solutions for collecting information in the field.

The service is also designed to be used by NGO's wishing to make payments to agents and employees "in the field" and handles all client management from a mobile phone securely interfacing to the loans administration system or other back-office applications.