Secure, Fast & Low-Cost Payments
OuroPay will allow fast, easy, secure and low-cost payments online and through the OuroPay mobile app. You will be able to create an account online and download the app on your phone. Each account is connected to a wallet, which can be connected to a bank account and/or credit card. This allows you to transfer funds instantly, from your account to other users with an account (peer to peer), but also make payments at both online and physical stores that support OuroPay.
You will be able to pay your gardener, send money to your mom, pay for gas and buy plane tickets online, all securely, in a matter of seconds. We will also offer the same for cross-border remittances, at a fraction of the usual fees, also instantly, so your friend or customer in Europe can easily send you money (or the other way around).
With the OuroPay app you will be able to build credit. By analyzing your spending behavior the app will be able to generate a credit rating. This will increase your chances of getting a loan or credit card. It will also grant financial institutions the ability to provide access to financial services to unbanked and underbanked populations in the region: 400.000.000 to be exact, according to Global FinDex data.
OuroPay also offers an account for Merchants to receive payments from customers securely, all while making accounting simple. Read more about this in our business section.