Electronic Wallet

As part of a pilot project by Movilway, roughly 20,000 students from the Universidad Santa Maria in Caracas (Venezuela) will be able to use their phones to make purchases and pay for their meals in affiliated sales outlets on campus. This pilot electronic wallet project, called "E-Wallet", is the first national experience where members of a university will take advantage of new mobile applications thanks to Movilway technology. Electronic Wallet is a feasible, inexpensive and modern way to improve the lives of college students.

Microcredit

Movilway is committed to strengthening and retaining the loyalty of point-of-sale (POS) operators by increasing their working capital and providing them easy access to technology. This can be acquired through financing options such as microcredit, enabling them to develop their business and improve their quality of life. Movilway does this by offering Microfinance Institutions (MFIs) a secure alternative channel for distributing microloans in order to provide productive capital to the POS. The Movilway microcredit project grants a loan, for a small amount, to those who have no access to regular banking. With this microcredit, small-sized entrepreneurs can access funds in order to finance their businesses and reinvest their income.

Super Store

Movilway's Super Store speeds up the distribution chain of small business, benefiting the clients and distributors of Latin America. Through Movilway’s Super Store, owners of small businesses and their distributors will be able to improve their processes of supplying, inventory, sales and loyalty on an easy and safe way thanks to the specialized technology that Movilway will provide to their clients. This will allow them to reinvent their business speeding up the answers to the competitive demand of the market.

“Our business model is based on industry specialization, in-depth knowledge of the countries and markets we serve, besides close relationships with our customers. Our open business model, innovative tools, technologies that allow the ubiquity and continued safety standards, great coverage and commercial capillarity of our platform, transforms the mobile device into a real, viable and secure payment platform” expressed Dan Cohen. “Our bet is to offer solutions that benefit the distributors and the businesses. We are in a privileged position to do so since Movilway already counts with more than 80,000 points of sale in more than 12 countries”, expressed Dan Cohen, General Manager of Movilway.

MoviPin

MoviPin is a financial solution product designed to fuel the growth of e-commerce in Latin America during Mobile World Congress 2012 in Barcelona. MoviPin is a payment alternative that allows people who do not have a bank account or credit or debit card to make purchases online easily and safely without the need to provide any financial information.

MoviPin is a payment alternative

With this solution, Movilway addresses a critical need since currently online businesses only reach the 30 percent of the Latin American population that have bank accounts. It also helps people overcome security concerns, since it does not require users to provide any financial information.

“Movilway’s vision is to promote financial inclusion in Latin America. MoviPin is a fundamental step in this direction, since it allows the unbanked population to participate in the e-commerce market. MoviPin will be available at Movilway regional point of sale network, which comprises more than 80,000 small businesses in more than 12 countries.