Streamline payments with instant invoicing
Credit and debit card fraud costs billions annually, affecting issuing banks, consumers, and merchants alike. The culprit? Our outdated payment system.
The Current Model:
Today, merchants tell us what we owe, collect our credit and debit card information, and post transactions to the payment processing network. After approval, payments are reconciled daily, and merchant accounts are credited.
The Direct Model:
What if we could invert this process, making it safer and more efficient for everyone? Welcome to the world of Immediate Invoice and Direct Payments.
Imagine This:
You're at your favorite coffee shop, ordering a latte and muffin. Instead of asking for your card, the barista shows you a digital invoice - a secure HMID-based QR code. You scan it with your mobile bank app, which instantly validates the code. You confirm your preferred payment method, and your bank sends the payment directly to the merchant's account.
Why It's Revolutionary:
Your account details never leave your bank. No more worrying about card information being hacked from merchant sites.
Card fraud significantly reduced. Say goodbye to the cost and hassle of reissuing compromised cards.
Merchants Breathe Easy:
Reduced cyber risks and liabilities - no need to store customer card data
For large transactions, instant KYC information ensures compliance
It's not about how customers pay; it's about getting paid securely and efficiently
Instant payments without chargeback fees