Safe Money is a startup business that is pioneering “Tap and Go” digital transactions processing solution in Malawi. The Services and Products of Safe Money are designed to make payment transactions simple and cost-effective for small, medium and large enterprises using smart POS system and Self service kiosks. Safe Money is revolutionizing the way business works and functions by providing cutting edge digital transaction and mobile technologies, eliminating the constraints of costs, distance and time.
The main goals of Safe Money is to contribute to the pervasiveness of financial inclusion and sustainable innovations in Africa, and create job opportunities through agency banking networks. Safe money will work with financial institutions, mobile money operators and merchants to complement their services by providing "Tap and Go" payment trtransactions, self-service kiosks (in bank and businesses) and manage a network of agents and merchants on behalf of financial service providers. Safe Money's business model, presents no competitors currently on the Market in Malawi, as other players in the financial technology are financial institutions who will be Safe Money's partners. The innovation that Safe Money is bringing on the market, delivers a complete move away from the conventional brick and mortar banking concept and it integrates all other mobile banking, mobile money and other digital payment solutions provided by financial institutions, to offer safe, easy and efficient "Tap and Go" transaction processing instead of navigating long USSD menus when simply to perform a transaction.
Safe Money has multiple revenue drivers and the financial projection, indicates high return on investment and market success. Investors ranging from individuals, financial institutions, non-profit organisations and any other enterprises, are welcome. This initiative is being pioneered by a young technology entrepreneur who has great passion to change the social economic ecosystem through technology innovations.