Home » Case Studies » Beyonic is a B2B mobile payment solution provider catering to emerging markets
Beyonic is a B2B mobile payment solution provider catering to emerging markets
Country: USA Year: 2015
Beyonic is based in the US (Washington D.C., Austin) and Uganda and offers mobile payment solutions to organizations in emerging markets
The start-up offers their service through a mobile app that companies can use to digitize their workflow payments, pay their employees, and collect funds
Their core revenue stream consists of taking a percentage per transaction and commissions from telecom partners
The payment API can integrate with 15 different enterprise payment applications (currencies are currently limited to UGX, Uganda, and KES, Kenya) that uses CURL, PHP, RUBY, PTYHON or JAVA as client libraries
Total budget control: Beyonic allows users to create a balance for each country, each project, department or region, and work with multiple customers and currencies
Cybersecurity: payments are protected via the web app and API that allows pre-confirmation of recipients’ identities, and backed by approval controls and traceability
End to end digital money processing: Beyonic makes it easy to entirely digitize money transactions, from collection to payments, every transaction can be done via a mobile device
How To Use
Businesses can create a free trial account online directly on Beyonic’s website
Full customization of reports/environment and system integration is made easy, and support is available on request
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