WHAT WE DO
The IBank Network delivers basic banking at the Point of Sale
without the need for consumer provided technology
A Win-Win-Win Platform
For the Unbanked
Participate in Electronic Commerce. Eliminate the need to spend thousand$ on Alternative Financial Services.
Reduce the costs of accepting Electronic Payments by 95%. Provide much-needed services that drive consumers to your business.
Relieve banks of unprofitable services. Return funds to the banking system that allow banks to do what they do best: Lend Money - Make Investments.
23% of the global adult population lack access to basic banking services.
65% of them also lack the requisite technology to access today's so-called "innovative" banking platforms.
- Traditional banks can't solve this problem. Banks lose, on average, $70 per low-moderate income consumer and 93% of all branch closings are in low-income neighborhoods.
- Low to moderate income consumers need Free Banking and Branch Access.
- Merchants need to reduce the costs of accepting electronic payments and micro-merchants need a low-cost alternative to traditional payment networks.