KINEKT is the world's 1st Low Cost Open Payments Network + POS Terminal solution available for ANY Payment Provider to use = OFFLINE or ONLINE.
3RD WORLD MARKETS
The solution works ACROSS handsets WITHOUT internet simply by dialling a unique Merchant POS Code + PIN to Pay = 2 billion Underbanked users, including ATM-like Cash Depositing & Withdrawal options etc.
Additionally, the use of Dialling channels make it possible to ACQUIRE MILLIONS of points of sale simply by flooding markets with POS Coded Stickers, at a fraction of the cost required for hardware terminals.
1ST WORLD MARKETS
Payment Providers in traditional markets can use KINEKT as a means to initiate and process Real Time Internal or Bank to Bank Payments at physical POS, thereby eliminating the need for costly EMV Card Terminals / Networks.
Additionally, KINEKT provides a solution to billions in card skimming fraud, a method to introduce Cryptocurrency Payments at scale, and a counter measure (for banks) to compete with the threat posed by Alipay & Wechat Pay etc.
The World’s 1st Open Payments Network
+ 2-Step Dial-to-Pay Terminal!
JUST DIAL or SCAN Code + PIN TO PAY!
*Underbanked, Banked & Cryptocurrency Payments
*Works ACROSS handsets, with or WITHOUT Internet
*LOW Cost & Secure, Switchless (OnUS) Transactions
The global point of sale market continues to be served by terminals with significant functional, security and cost related problems, including the following;
1. High roll-out, maintenance and transaction fees.
2. Under-banked mobile money users are excluded.
3. Closed loop payments = market is fragmented.
4. Continued use of bank card credentials = fraud.
5. Cryptocurrency wallet payments are excluded.
6. Don't work across handsets, is NOT interoperable.
KINEKT provides a solution to ALL of these problems!
473 Alexander Street, Pretoria, Gauteng 0181, South Africa
KINEKT Terminals SA (Reg.2017/508882/07)