Paycode Seeks To Bring Financial Inclusion To People In Remote Areas. Paycode provides a secure end to end payment gateway that makes sending and receiving payments easy.
“Our industry leading payments solution works for anyone, anywhere using our custom designed technology in security, biometric identification, verification and authentication, fraud prevention, agent banking, offline real time transacting, know your customer (KY) and digital money.” it said on the company’s website.
The company’s vision is to give biometric identity and access to financial services to the unbanked.
The company’s offices in Mozambique and the country’s national social services agency created a biometric identity for 18 000 of Mozambique’s most vulnerable citizens in remote rural areas to facilitate the payment of social grants. “Our focus is enabling financial inclusion through innovative technology that really works, even in the world’s most remote places.” said Paycode CEO, Ralph Peker, in an interview with Heavy Chef.