An IMPS is an acronym, International Mobile Payment Systems. IMPS technologies is a set of platforms or application modules that permit or enable Africans businesses, or individuals to accept digital transactions and mobile payments on behalf of consumer or merchant worldwide via mobile devices, applications, websites, and offline retail locations in a cost effective way. IMPS is made up two main technologies the;
  • FABMOPAY (First African Bank for Mobile Payments) – A virtual banking platform built with the FinTech technology that offers backend transactions and integration to any financial institution (like; Banks, MicroFinance, Mobile money, FinTech like Google pay etc...)
  • IMPS – Which is a payment gateway that provide merchant an ecommerce application service provider to authorize credit cards or direct payments processing for e-businesses online