Paycode

Paycode
0
Launched Year
0
Employees
Profile Completion 60%

Company Profile

2014
Founded
Market Segment
"11-50"
Employees
Funding Stage
No opening
Jobs
Not for sale
Acquisition
Not available
Merger

Geographical Market

54 Melville Road, Illovo, Sandton, South Africa

About

Paycode is a B2B technology provider with a unique digital payments platform, providing Last Mile solutions to the underserved and unbanked. They solve the 3 key issues of identity, cost and connectivity to bring a range of digital services to people in remote and rural areas. They create biometric identity through tablet-based proprietary technology in the field to capture an individual’s identity, issue a card within minutes. KYC data fields are fully configurable and include biometric fingerprint images, name and surname, date of birth, gender, age, identification number, nationality, physical address, mobile number, facial image and e-wallet details. They offer last mile financial services through the provision of a low-cost digital bank account with all necessary functionality for day-to-day transactions. They also facilitate offline real-time transactions through a unique payment solution means the cardholder's funds are stored on the card rather than at the bank. This is the core enabler of our ability to operate fully offline.

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Accelerating the growth of Africa's tech ecosystem