Payments.gy to transform Guyana’s Business sector –with cashless transactions
DPI, GUYANA, Saturday, August 5, 2017
Payments.gy is a mobile payment platform developed by six young Guyanese from IntellectStorm, in collaboration with Guyana Telephone & Telegraph Company (GTT’s) Mobile Money Guyana (MMG).
“Payments.gy is not simply an app. Payments.gy is a revolutionary platform for Guyana,” IntellectStorm Marketing Director Ronson Gray told the Department of Public Information (DPI). The app designed off of MMG will however be using the merchant side of the MMG to build a platform that allows users and business to access a multitude of services.
Gray explained that the app caters for persons selling on the corner to multi-billion purchases. “… If you are a business and if you are a user or customer it’s just a safer and easier way for you to make purchase” he said.
This app is dual authenticated Gray said, meaning once it is downloaded, persons will have to sign up by offering a user name and password that gets you into the app. Any payment transaction that the client may wish to process will still require verification with a PIN similar to MMG. The PIN number will protect customers and their documents which they signed up with. Persons will have to deposit their money at any MMG agent, to be able to make purchases.
The six developers: Rowen Willabus, Tristan Thompson, Daraul Harris, Carl Handy, Amrita Ramnauth, Mohini Sugrim, and Davendra Narine from personal experiences taught it best to use the MMG app to develop it locally, so that businesses will be able to benefit more. The app will officially be launched August month end.
MMG was initially launched in 2013, and the second phase which enabled person to “Shop n Go” was launched in 2014. It allowed GTT’s customers to pay for goods and services from a wide range of service providers using their mobile devices.
There are over 70 MMG merchant locations across Guyana, including Ashmin’s, Giftland Office Max, New Thriving Restaurant, Jerries, Bel Air Service Station, DeSinco, Nirva’s, Gizmos and Gadgets, Cell Phone Shack, Woodlands Hospital, A and S complex, Charity Essequibo, among others.
Gray said a survey was conducted and it was found that persons are most interested in the purchase of fast food and movie tickets. Payments.gy has already signed with Princess Movie theatre and Road Runners.
Currently persons wishing to purchase a movie ticket from Princess Movie theatre can check their Facebook page and once they have selected the movie, time and amount of tickets, will automatically receive a link to the app. Upon payment via the app, they will receive a receipt and so will the theatre.
Whereas with Road Runners, the software now creates a direct link with Restaurants, and Fast Food entities, so customers will now be able to order from the business and pay for delivery. Both the business and Road Runners will both receive a notification; hence the payment time is reduced.