The M-vendr mPOS enables greater interaction between the customers and their financial institutions by enabling payment acceptance within smaller retailers and informal traders who previously would only accept cash payments.
Where financial institutions have implemented the M-vendr solution, previously underserved and unbanked customers are able to access financial services and the value added services within their local communities through Agents or Merchant locations utilising the M-vendr mPOS. Furthermore, the M-vendr mPOS enables greater interaction between the customers and their financial institutions by enabling payment acceptance within smaller retailers and informal traders who previously would only accept cash payments.
