BigPay Ghana provides an API for businesses to integrate instant transfers to local banks and mobile wallets. Their platform streamlines payment processes, offering a secure and efficient solution for financial transactions in Ghana. This enables businesses to easily send money to individuals and other businesses.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges in efficiently integrating and managing cross-border payments, particularly in regions with diverse banking and mobile wallet systems. This complexity can lead to increased operational costs, administrative inefficiencies, and potential delays in payment processing.
Solution
BigPay provides a payment gateway that streamlines global remittances and payment services, enabling businesses to send money instantly to local banks and mobile wallets. Their API allows for easy integration, automating transactions and providing real-time payment reports. BigPay's platform ensures data integrity through the adoption of the latest technologies for financial markets, offering a secure and compliant payment network. By acting as a single partner, BigPay eliminates the inefficiencies associated with managing multiple partners for cross-border payments.
Target Audience
BigPay targets businesses and individuals requiring efficient and secure cross-border payment solutions, particularly those operating in or sending payments to Ghana.
Features
- API integration for automated transactions
- Real-time payment confirmation reports
- Same-day payouts to customers
- Data encryption and adherence to ISO 27001:2013 standards for data protection
- Global remittances to over 200 countries and territories
- Integration with banks and telecom operators
- Fraud detection through machine learning