Unified Payment Network
Convenient, cash-free and secured – Modernize your payment ecosystem, bring customer delight, and enhance your business profitability.
MobiFin’s Unified Payment Network (UPN) allows governments, banks, and financial institutions to create, optimize and manage their own payment ecosystem that is capable of bringing all payment service providers, and unbanked and underbanked merchants, onto the same platform. The platform allows the service providers to empower the merchants by bringing in new means to accept payments, engage consumers, and conduct B2B transactions on the daily spending while hosting online and in-store payment services. The UPN includes Payment Service Provider and Merchant as the main actors to facilitate customers and provide a seamless payments experience.
- Smart Address Mapper
- Real-time Decisioning
- Reconciliation & Settlement
- Risk & Fraud Mitigation
- Access Management
- Financial Crimes Detection
- Business Intelligence
- Transaction Monitoring
Pre-funding based – Incoming transactions are allowed if the sending financial service provider has already deposited sufficient liquidity
Clearing/Billing-based – Incoming transactions are allowed before receiving the funds (may be secured with a reliable third party, such as a hub, bank, or central bank)