Using digital finance to lower costs related to cash transportation, storage, leakages and fraud – allowing instant fund availability and improved user experience.
Instant transactions between all actors of the ecosystem
Bulk disbursements and e-commerce payments
From and to any device
QR code-based contactless payments
Cash deposit and withdrawal
Account top-up and cash withdrawal at any RedCloud agent or from/to a bank account
Extended reach for banks at minimal cost, via a new network of agents
Integration with multiple agency networks
Identification & KYC
Secure KYC management with a strong identification process
Back-office management, audit of customer accounts and transactions
Example Use Cases
Distributors handling transportation of goods accept digital payments to their RedCloud account by producing a QR code for merchants to scan and pay instantly. They can then make direct payments from their RedCloud account to their employees, suppliers or pay their bills.
Banks distribute financial services digitally through the RedCloud marketplace and receive digital payments from their customers. Their physical presence is also accrued thanks to RedCloud agents acting on their behalf.
Merchants deposit cash at RedCloud agents and make various payments from their digital account: pay their suppliers, their employees and accept payments from customers in-store and online (e-commerce transactions).
Merchants can also become RedCloud agents and generate more revenue.