PayForce by FairMoney logo
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Software Status:Sold

About PayForce by FairMoney

PayForce is a banking software from FairMoney that simplifies banking for emerging markets. It combines mobile banking services, user-friendly interfaces, and secure transactions so users can easily manage their finances. With a focus on accessibility, PayForce aims to provide essential banking features that cater to the unique needs of underserved populations. Users can access banking services directly from their mobile devices, facilitating transactions and account management without traditional banking barriers. Key capabilities: mobile banking services user-friendly interface secure transactions account management accessibility Best for: individuals and businesses in emerging markets that need straightforward banking solutions.

PayForce by FairMoney Details

Vendor
FairMoney
Year Launched
2018
Location
28 Pade Odanye close, off Adeniyi Jones, Ikeja, Lagos, Nigeria
Deployment
cloud, ios, android
Training Options
demo
Countries Served
All COuntries
Languages
English
Users
Self-Employed, Small-Business, Midsize-BusinessAl
Industries Served
Fintech, Finance, Banking
Tags
Payment Processing, Merchant Services, Business Banking Platforms

PayForce by FairMoney's In-App Market Place

Does PayForce by FairMoney have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

NGN, USD

Pros & Cons

  • Provides vital banking services to millions of Nigerians who live far from urban centers.
  • Offers a proven business model for small shop owners to earn significant monthly commissions.
  • Direct link to FairMoney’s lending engine provides agents with working capital.
  • Business stops if the POS terminal is damaged or the battery dies in a low-power area.
  • Agents handling large amounts of physical cash are frequent targets for theft in certain regions.
  • Reliance on Nigerian GSM networks can cause frustrating "Transaction Pending" delays during peak hours.

PayForce by FairMoney's Support Options

Email Address

help@fairmoney.io

PayForce by FairMoney's Alternatives