Mobile Payments

Ease of use - for every day life

Mobile payments, also referred to as mobile money, mobile money transfer, and mobile wallet generally refer to payment services operated under financial regulation and performed from or via a mobile device. The ease and flexibility by which mobile payments can be made has established the technology as part of our everyday life.

Mobile payments have been embraced in applications such as eCommerce, payments in restaurants and cafes, parking meters, barcoded boarding passes, transport ticketing, taxi fares, fast-food, vending machines, mass transit, donations, shopping, clubs and tickets.

Remittance

Convenient money transfers

A remittance is a transfer of money by a foreign worker to another country, to their families in their own home country. Remittance platforms reduce fees, enhance financial transactional transparency and have become a convenience. Remittances have also created social change in many parts of the world by creating financial inclusion and economic participation.

The GeoWIRE™ technology is used to encourage all sectors of the globe, independent of their financial means, to transact with this platform. GeoWIRE™ is donating some of its earned transactional revenue to create support mechanisms in countries where online remittance transactions are difficult to achieve.

Virtual Money

Online convenient currency

Virtual currencies have been available since the late 1990s but it took the launch of Bitcoin in 2009 for virtual currencies to see any significant adoption. Bitcoin, which allows people to send and receive payments online within an entirely decentralised peer-to-peer network, has become the most prominent type of virtual currency worldwide. GeoWIRE™ will shortly be able to transact using virtual currencies.

In addition GeoWIRE™ has created its own digital currency with the introduction of 'Digital Gift Certificates' and 'Digital Coupons'.

MicroFinance

Convenient financial services

MicroFinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services. MicroFinance is also the idea that low-income individuals are capable of lifting themselves out of poverty if given access to financial services. The GeoWIRE™ technological platform is employed in a unique and innovative way that reduces costs and provides the necessary financial services assistance that is so desperately needed by most of the non-collateralised poor.

GeoWIRE™ is establishing sustainable practises and methodologies.

MicroFinance loans empowers families and transforms communities.