WIZZIT Mobile Wallet.

The WIZZIT MERCHANT PLATFORM manages the transaction processing and settlement to merchants. 


The Offering:

The WIZZIT Mobile Wallet enables the bank to introduce merchants to a network that can accept mobile phone payments and POS transactions. The WIZZIT Merchant Platform manages the transaction processing as well as settlement to merchants.

Typical Transactions:

– Purchases of goods and services

– Cash in (Deposits)

– Cash out (Withdrawals)

– Money transfer (sending & receiving)

– Vending of prepaid vouchers

The WIZZIT Merchant Platform is a unique product that can support the extension of a branchless banking approach for a bank. It is ideally suited to roll-out a merchant strategy in the informal sector.