The iKaaz.com mobile payment platform offers both Consumer Wallet and Point of Sale solutions. The iKaaz Consumer Wallet for Enterprises allows banks and telecoms to create mobile wallets for quick and easy payments. This iKaaz solution can be delivered to all types of handsets - smart or not. With the mobile wallet, consumers may perform money transfers, pay bills, recharge accounts and do merchant transactions. The iKaaz M-POS lets merchants replace Point of Sale equipment with just a mobile phone that settles payments electronically. The solution uses near field communication (NFC) to enable merchants to receive payments from customers with just a tap of a phone at the checkout terminal.
