The Innovators 2015 - Transactions Services, is Global Finance's annual listing of key innovations in treasury and transaction services.
Beyonic for Corporate Expense Payments Via Mobile Money
Category of Innovation: Product/Process
The mobile money solution allows Ugandan and African companies to send employee payments via mobile devices. Allowable payments include salaries, wages, per-diems, and the like, which are typically handled via cash in these markets
In addition, the solution integrates with business processes and databases, such as HR and accounting systems to prevent data duplication and data-entry errors. The firm partners with agent networks to make cash-out easy for a company’s employees.