We help banks and financial cooperatives to process all their operations from each neighborhood business thanks to our biometric devices that allow people to make any payment or transaction with facial biometric validation without contact and with the highest standards of security for citizens.

ICT Tools used: Biometrics as a contactless transaction system beating a card or a cell phone without the need for people to use the internet. Low-cost biometric devices that increase the reach of banks and financial cooperatives, reducing investment in ATMs or physical agencies. We work with Api integration with the Banking Systems.

http://idpayer.com/

• Colombia
• Ecuador

• Remote and rural communities

The project could be replicated in all Latinamerican countries in the first stage.

This project has a B2B business model for banks and cooperatives that can expand their coverage at low cost, reducing the investment of traditional channels such as ATMs and physical agencies. In addition, the project seeks beneficiaries for 75% of Latin American citizens who have not yet managed to access quality banking services and during the pandemic have been more excluded.

By using biometric validation system to process contactless payments, this project promotes WSIS values such as C1. The role of governments and all stakeholders in the promotion of ICTs for development; C2. Information and communication infrastructure; C5. Building confidence and security in use of ICTs; and C7. ICT applications: benefits in all aspects of life — E-business.