Tracopay

Tracopay is developing the next generation of mobile payment technologies. Our proprietary payment solution is much more intuitive, secure and versatile than any payment solution available in the market today. Our payment solution is suited for both developing and developed markets and can be used by anyone in society that is, from the rickshaw operator in downtown Mumbai to the investment banker in New York. In emerging markets, economic growth is curtailed by the fact that a majority of individuals do not have access to the formal financial system. Given our payment solution will make each account to be a source of revenue for the banks, the issue of non-funded accounts will no longer be the prohibiting factor preventing banks from banking the unbanked. Thus in this way, our payment solution will drive financial inclusion in a major way in emerging markets. We project that by 2020, 70% of the global adult population will be using our payment solution.