Digital Banking
Capture the SME market and help build your customer’s businesses with a full suite of merchant growth tools.
Profitable long term relationships
Entice new customers through innovative SME tools and foster loyalty by leveraging their data to provide better products and lower-cost loans.
Rich features for business growth
From self onboarding, a complete small business POS app, inventory management, invoicing and business insights to multi-currency accounts enabling better cross border commerce.
Their business, banked their way
Merchants can accept cash, card and e-money all directly settled into their account with further full ability to set up and manage their financial products.
View all platform features
White-label apps
Premium payment, merchant, and wallet applications, with a skinnable framework to front your digital bank offering.
High throughput and real-time agility
We provide our secure high-throughput real-time e-money platforms direct to banks that are struggling to meet market demands with core banking systems..
Low-touch open banking approach
Low-touch integration to core banking for settlement and other services that conforms to secure standards such as ISO-8583, E2E encryption, and restful HTTPS API’s provides digital teams with the confidence and freedom to move quickly and innovate.
Multi-account platform
Supports definition of multiple account types per user, such as everyday accounts, savings, and loan accounts. Additional supports multiple users per account such as family and joint accounts.
E-money Wallet
Our skinnable e-money wallet framework enables banks and financial service providers to quickly deploy an app – and other channels – in the market, giving a new mass market of users easy access to everyday use cases.
eKYC
Capture customer details and validate against central ID DB’s if necessary. Up to 4 photos to confirm identity: profile, ID, holding ID, holding ID in front of store (for merchants). KYC information tiers classify feature, function, account and transfer limits.
AI assistance
A banking platform that can learn your customer’s behaviours, knows their goals and makes recommendations to introduce new services and increase their financial wellbeing.
Credit Assessment
Combine new e-money wallet data and standard assessment rules to establish credit scores for merchants and consumers where is wasn’t previously available. Enrich scoring with alternative data sources from partner solutions.
P2P Transfers
Real-time wallet-to-wallet money transfer and settlement via app, feature phone, or over the counter with an agent. Supports transfers to offnet users via messages to register for receipt of funds.
Mobile Banking
Review transactions, transfer funds between e-money accounts and to/from e-money accounts to bank accounts, send money to other users, and apply for financial services.
Agent Banking
Offer lightweight digital banking services in the field with an agent app that enable users to securely register for services in real-time, deposit and withdrawal funds, and pay bills and airtime top ups.
Online Banking
Skinnable web application framework for users to view their accounts, transfer funds between accounts or to other users, and apply for financial services such as loans and savings accounts.
Merchant Payments
Pay securely and easily in store with an e-money wallet via QR codes, NFC companion cards or phone number, creating an everyday use case and increased e-money usage.
Mobile Utility Payments
Make utility bill payments, insurance payments, subscription payments, and topup airtime/data via app, online, and other channels.
Disbursements
Enable enterprises and NGOs to distribute subsidies and salaries direct to e-money wallets. Reduce misuse of funds by cultivating a network of approved merchants and sellers and limits on end-user accounts.
Deliver value to all business sizes.
Youtap classifies growing market merchants into five tiers. We have created value-add features for each tier allowing you to fully service the entire spectrum of business banking needs.
5
Tier Five
Informal impermanent independent merchants.
E.g. Street hawkers & wet markets
4
Tier Four
Informal permanent independent merchants
E.g. Small street stores
3
Tier Three
Formal independent merchants
E.g. Local mall stores
2
Tier Two
Formal contemporary independent merchants
E.g. Contemporary stores with 1 or several outlets
1
Tier One
National/Regional brands and retail chains
E.g. National brands and mall stores
Platform features for business
growth.
Make the lives of your SME customers easier while attracting new business, boosting engagement and fostering loyalty.
Truly omnichannel
With a single platform unify the customer experience across web, mobile (both iOS and Android) and agency banking touchpoints. Roll out new products across all channels in minutes, not weeks or months.
Onboard faster
Easily onboard SME customers digitally from where they choose with eKYC, including verification of business details, OTP, video selfie and manual intervention if needed, all while adhering to AML and KYC regulation.
Separated business account
Separating business spending from personal accounts instantly allows your SME clients to streamline reporting, and better understand their business health.
Invoicing & recurring payments
Merchants can issue, receive and pay invoices directly from their account. Simple recurring expenses can be set up so no payment deadlines are missed.
Accept all payments
However their customers are wanting to pay. E-money, QR codes, bank transfers, credit and debit cards and P2P transfers are fully supported.
Multi currency
Cross-border business no longer has to be a hassle. SME customers can easily hold funds in multiple currencies and pay for, or invoice for goods in the local currency eliminating uncertainty around fluctuating forex rates.
Loan applications from device
Access to working capital is the main barrier to SME growth, set up your loan products and deploy in minutes allowing users to apply and be approved directly from their account.
BFM tools
Our business financial management tool brings a rich view to the financial workings of your client’s businesses granting them better perspectives on their spending and intake. Full filters allow them to better forecast by analysing past performance.
Bank benefits
Attract new customers via innovative SME tools
Increased SME engagement on digital channels
Higher customer retention
In-depth understanding of SME’s business
Accelerated time to market
Leverage expertise in UX/UI
Open API’s for easy integrations
Reduced overheads
Quickly and cheaply deploy new products
SME benefits
Easy digital onboarding
A holistic view and a better understanding of their business finances.
Ability to create, review and track invoices
Powerful POS app for business management and growth
Easily access to business loans
Potential revenue streams from agent banking
A lessened barrier to cross border business
Omnichannel access to their finances
Our banking products
