MARKET PROBLEM

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Ever since the roll-out and massive adoption of QR Code Payments by Alipay and WeChat Pay in China, the rest of the world have proceeded to adopt the technology with similar intentions, but limited success. To date this is mostly due to the strategy of rolling-out QR Code Payments as a low cost solution for underbanked markets, without fully appreciating the impact a lack of Smartphones and access to the Internet has on the market - critical for high adoption rates to be possible.

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MARKET SOLUTION

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To help solve this problem, KINEKT provides the global underbaked market with a Dial-To-Pay QR Code solution that works ACROSS handsets, WITHOUT internet in 2 steps = DIAL + PIN to Pay! It works by tying QR Codes to dialable POS Codes and/or Ultrasound POS ID's, thereby making it possible for Payment Companies, Acquirers and Banks to gain low cost access to the underbanked market to provide low cost digital payment and financial services, such as micro loans & insurance at scale.