Instant Cash Acceptance and Payment Network
iCAN (instant cash acceptance and payment network) facilitates cash acceptance and payments through self-service kiosks and centralized management software. iCAN is a fully-automated cash acceptance and payment network providing real-time processing. Capacity allows for support of up to 200 service providers, 100,000 agent outlets, over 300 data exchange protocols, and over 500 concurrent client requests. 4 immediate advantages for users: - Real time payment process for real time top-up and short receivables - increased market penetration for service providers - Expanded consumer and subscriber base - Increased profit and revenue streams
Sector: Information Technology
Area of Application: Ideally suited for markets with a large unbanked population and companies looking to create new revenue streams without large capital expenditures.
Keywords: cash payment acceptance network kiosks unbanked banked
Advantages: Open source based software so proprietary licensing is not required. Integration and upgrades are done without down time. iCAN supports up to 200 service providers, 100,000 agent outlets, over 300 data exchange protocols, and over 500 concurrent client requests. Easily configured to support any currency. Has been live for several years processing US$4M/day in transaction turnover.
Environmental aspects: Not Applicable
Development Status: Fully Commercialized
Legal Protection: Own Developed Design
Transfer Terms: Joint Venture , Technical Services , Technology Licensing , Turnkey
Target Countries: Cambodia, Cameroon, Central African Republic, China, Congo, Djibouti, Dominican Republic, Egypt, El Salvador, Equatorial Guinea, French Guiana, Gabon, Ghana, Guatemala, Guinea, India, Indonesia, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Lao People's Democratic Republic, Lebanon, Liberia, Libyan Arab Jamahiriya, Malaysia, Mexico, Micronesia Federated States Of, Mongolia, Myanmar, Namibia, Nepal, Nigeria, Pakistan, Peru, Philippines, Republic of Korea, Saudi Arabia, Senegal, South Africa, South Korea, Sri Lanka, Sudan, Suriname, Syrian Arab Republic, Thailand, United Arab Emirates, Uruguay, Uzbekistan, Viet Nam, Yemen, Zaire, World Wide, Zimbabwe, Brunei Darussalam
Estimated cost (US$):
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Contact Person: W2B iCAN Payment Solutions
Address: 4-10-18 Suite 309