Written by e-peso
February 20th, 2015
Though providing simplicity and immediacy, the use of cash for frequent transactions can be risky, costly, and inefficient for consumers and businesses, not to mention, the lack of traceability has encouraged the perpetration of fraud. Presently, 90% of transactions in the Philippines are still cash-based. This has become the driving force behind the E-PESO initiative with the mission to create a single electronic payment platform for all transactions in the country.
Our E-Peso solution aims to address the problems associated with a cash-heavy society and shift the Philippines’ financial infrastructure to a sustainable one, promoting efficiency in financial transactions, transparency, and accountability in government finances and operations, as well as advancement in the financial inclusion landscape.
E-Peso is structured to support features such as cashless products, high security, AMLA compliance, mobile money, E-Payment, E-Payroll, and ATMs, demonstrating that we have the technology necessary for a future-forward undertaking. In terms of the capacity at which E-Peso can impact the country’s development, it’s implementation is expected to accelerate the shift to digital payments and play a critical role in improving and furthering our society and country as a whole, catapulting us at the same level as other high‐performing emerging economies.
While others are still developing an intuitive and well-functioning electronic payment system, our E-Peso solution is many years ahead of the curve. The advanced yet secure capabilities of our platform will inevitably stir awe and shake the status quo of the financial technology scene as the envisioned forward-changing medium of exchange has been achieved at a much quicker pace.
We’re proud to present to you…epeso.io NOW LIVE!!! Be part of the revolution. Discover where E-Peso can be used very soon. Sign up now and go cashless! www.epeso.io
For inquiries, drop us a message on Facebook or email us at email@example.com and we’ll gladly get back to you.