Over the past decade we managed to develop and patent a groundbreaking new mechanism that could potentially change the way the world performs and views mobile payments.
The 2D Transact mechanism, available through secure API, is perfectly positioned for partnership with any existing mobile application providers in the financial and non-financial industries such as banks, e-wallets, savings clubs, credit bureaus, value stores, crypto currencies, retail POS systems, financial switches, informal trade applications and much more.
The 2D Transact API architecture provides application communities the freedom to develop an endless amount of solutions for their own market segments. A few benefits worth mentioning:
- Immediate and effective financial inclusion for all account types or value stores. (2D uses the EFT / wire payment rails to push payment to merchants).
- Backward compatible support for any non smartphones. USSD responses to transaction codes generated by the 2D controller opens up a much bigger audience for any financial or non-financial transaction access.
- Secure user interaction at any payment or transaction point. No personal information or identification is used or required.
- Full audit trail on transactions