InfoCorp Technologies is a fintech company that provides the infrastructure to accelerate financial inclusion to unbanked and underserved communities through the use of blockchain technology.
InfoCorp provides solutions to logistics and financial industries to solve the last mile challenges in payments and beyond.We have expertise in unlocking the crypto-economy to serve the under-served and crypto-inclusive banking technology for the un-banked
WHY INCLUSION MATTERS
Across Southeast Asia, 320 million working adults - the size of America's entire population - have no access to banking services. This means no savings, e-payments, investments, loans, or insurance. For many of the unbanked, cash is rolled up in pockets and biscuit tins, hidden behind stove-tops, or flattened under the pillow.
Wealth instruments such as loans, bank interest, insurance, and mortgage are designed only for powerful cities and developed nations. When it comes to financial inclusion, let's ask the question: how can we help the two billion people on Earth who live purely by cash?
In face-to-face transactions, the exchange of physical goods and cash takes place simultaneously with certainty and finality. For remote transactions and payments, cash collections carry some element of risks to the buyer and the seller.
In developing countries where 80% of transactions are done through cash-on-delivery, CrossPay is designed to ensure that secured delivery of goods results in simultaneous payment, safeguarding the interests of all parties.