Wizzit

A while ago I read an article about a company called Wizzit, which offers secure and efficient payment mechanism to the unbanked and under-banked people in South Africa.  Wizzit uses a “pay-as-you-go” model in which it does not charge any monthly fees.  

I contacted the company on my behalf saying that I was interested in implementing Wizzit’s mechanism in Guatemala. Unfortunately, they try to avoid third parties since costs need to be as low as possible (which is completely understandable).  

Wizzit it a great example on how such an innovated method can help the poor. I truly admire the company values and philosophies. I will pitch this idea to several banks in Guatemala. Hopefully we can implement such a method to empower the poor financially.   Click here to go to their webpage.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: