Brick-and-mortar retailers are much closer to the final consumer than any bank will ever be. Banks keep closing down branches and shutting down ATMs. In some places, on the contrary, banks cannot yet arrive at all the places they are needed.
This is an opportunity for retailers to become providers of financial services. Simply speaking, IPSP Digital Financial Service technology helps a corner-shop or a gas station to offer the most common services of a bank branch, or a money remittance point.
This means more visitors and more revenue.
Licences and consulting
In many cases, these services require a government license. Wherever possible, we’ll arrange a possibility to work under ours or our partner’s licence (so you can operate as before). Where a separate license is needed, our experts will guide you through every step of the process.