Mojaloop Description
The first open-source platform that allows interoperability in real-time payments networks. We provide low-cost digital payments services for individuals, banks, governments, and companies all over the world. Check out our contributions to Mojaloop.io. Unbanked people rely on low-value transactions that are high in volume, which makes them less attractive to banks. Mojaloop is a secure open-source platform that promotes interoperability between all classes of Digital Service Providers and their customers. Mojaloop, which is built on the level one project principles and has a purpose-built architecture, is cost-effective for real-time settlement and payment management. Mojaloop technology can be used by payment hub operators to provide inclusive and transformational financial services in their markets. All licensed DFSPs in the country, including licensed banks and licensed nonbanks, can access the technology.
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