Belize Bank, Wallet Factory partner to launch digital wallet E-Kyash

Tuesday 30 March 2021 12:24 CET | News

Belize Bank has partnered with fintech company Wallet Factory to launch a new digital wallet, called E-Kyash.

According to Breaking Belize News, Wallet Factory stated that the E-Kyash mobile wallet application enables a quick registration as no bank account is required, supports both B2C and B2B payments, and enables users to make QR-based payments funding wallet balance via cash payments at retail operators. Additionally, the solution supports direct salary payments to employees via the E-kyash wallet.

Furthermore, according to the company's officials, the main goal of E-kyash is to lead the financial inclusion strategy across Belize by proposing an easy to use and convenient solution for end-users and merchants to perform daily transaction.

The new platform is set to launch in April 2021 and forms a part of a greater regional initiative to increase the accessibility of digital transactions to unbanked customers, Breaking Belize News reported.

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Keywords: partnership, product launch, mobile payments, e-wallet
Categories: Payments & Commerce
Countries: Belize
This article is part of category

Payments & Commerce