Mobile Payments Platform Overview

EFICASH™ is the most advanced “paperless-plasticless™” inter-banking eWallet platform is a multi-lingual and multi-currency solution that can be used in most countries.

• Multiple Account Types: EFICASH adapts to the needs of end-users through different types of accounts.

• Inter-banking solution: Users from different financial institutions can interact seamlessly as members of the same payments network.
   

• Paperless-Plasticless™: Does not require paper (checks or cash), nor plastic (credit/debit cards) to perform transactions.
   

• Multi-currency: Supports over 164 currencies.
   

• Multilingual: Speaks your language. EFICASH was architected as a multilingual application from the ground-up which means it can be easily translated or localized to your language.
   

• Carrier neutral: Compatible with most carriers and their technologies GSM, CDMA and TDMA.

NFC alternative:

Integrates pre-NFC alternatives to expedite mobile payments. 
 
 
As an example, our implementation of bi-dimensional codes can cut transaction processing by 56%.

• Robust, scalable reliable: Built based on years of experience of successful implementations and maintenance of mission critical applications for leaders in the telecommunications industry in the United States.
   

• Customizable: Adapts to the needs of each financial institution and the regulation of each country (KYC, OFAC, AML, etc)
   

• P2P/P2B/B2B: Ideal for person to person, person to business or business to business payments, anytime from anywhere. With a low cost of entry not only for financial institutions, but also end-users and merchants since it can be operated from the Internet and is compatible with the majority of phone models currently available in the market.

Intuitive:

The application is user friendly and easy to use.  After logging in, users have easy access to their account information, To Do List and Pending Requests
EFICASH has two main tabs: My Account and Transactions.
 
My Account tab enables users to run real-time transaction reports and manage their account.

My Transactions tab enables users to perform several types of transactions:
 

Add Money:

Adds funds to the electronic wallet from your verified cards or bank accounts

Send Money:

Sends money to another person, business or device using their mobile, email, EFICASH account number, pre-registered contacts or group accounts (premium accounts only)

Request Money:

Requests money from another person, business or device using their mobile, email, EFICASH account number, pre-registered contacts or group accounts (premium accounts only)

Withdraw Money:

Withdraws funds from the EFICASH account to your verified cards or bank accounts.  When withdrawing to a credit card, you are effectively making a card payment.
 

Sub-Accounts:

This functionality only exists on premium accounts and enables the premium account holder to move funds from/to its own group accounts; designed for sub-accounts that may serve as cash registers, vending machines or other devices, which may or may not be operated by people.

WAP 2.0:

Our base product comes with a WAP 2.0 interface with point-to-point encryption, supported by most phones currently in use in the US.  This enables a quick penetration of your service powered by EFICASH.

And there is so much more we would like to tell you… contact us to learn how EFICASH can make a difference to your organization.

>> Request a Demo

Mailing address:
10773 NW 58th Street
Suite 402
Doral, FL 33178

Email: info@efici.com

Toll Free: (888) 77-EFICI (33424)
Fax: (305) 263-8181

International Callers:
Phone: (786) 544-0400
Fax: (786) 544-0444