Cash Payments in Emerging Markets by 2025
Potential Revenue Opportunity @1% Transaction Fees by 2025
Number of EMV POS terminals in Emerging Markets
SMEs in the world do not have a payment terminal
Data Source: McKinsey, Worldbank, EMVCo
The XipTM Micropayment System has been developed on the basis of extensive user research across emerging markets. Xip brings new age contactless payments to contemporary mobile wallets that are driving financial inclusion.
Xip combines a low cost NFC POS , NFC Cards and a powerful Terminal and Card Management software to deliver a sophisticated solution to meet the demands of universal mobile payments. Xip is being used by leading mobile wallet providers and is recognized for high-scalability, high-security and high-availability.
Smartphone based solutions that are gaining popularity in the developed world mainly cater to credit and debit card users- who are far and few in the emerging economies.
Thus cash continues to remain the primary mode for small payments. XipPAYTM is a bold new payment solution that will allow you to extend your Mobile Money service to proximity payments.
Intuitive contactless payments
Mobile operators of today, Payment giants of tomorrow
Low cost like a feature phone for mass market use
Supports Online and Offline wallets
Build your own custom payment applications with the XipOPEN SDK. The powerful SDK allows you the flexibility and freedom to build and rollout your own applications quickly.
Xip360 is a fully integrated end to end solution which will enable you to roll out your own mobile money service with proximity payments for all closed loop payments.