Embedded finance for mining companies
Mining is the core of the economy for many countries in the world and the nature of this business is about thousands of partnerships and international trade.
Embedded finance solutions help mining companies not only set up the efficient internal processes (as we do for any other large enterprise), but also to enable the framework for efficient cross border transactions, intra- and inter-group payments.
Please see below some of the solutions we embed to the business of mining companies to help them operate more efficiently.
Branded salary cards
low (or even nil) cost of salary transfers
card instead of ID badge to access your sites
transaction data about purchases your employees do
Business accounts and cards
enable your suppliers to have a bank account under the infrastructure managed and controlled by you
reduce (up to nil) cost of payment flows between your organizations
use data about financial situation of your suppliers to reduce your own days in inventory or to make your suppliers depend on your business more
issue business cards for company's spend to control it better thorugh various control tools (time, date, amount, merchant, etc.)
Branded loans and EWA
consumer loans based on the real income and spend
earned wage access for those who can't wait till the payday
target loans, where usage is limited by specific merchants
Money movement
B2C, C2B, B2B and B2C money transfers both for domestic and cross border payments
money transfers to bank accounts, wallets, cards and cash
cash management solutions to reduce cash volume and related costs
Loyalty programs
automated cashback up to 20% for purchases with specific merchants
salary card as unified identifier for third-party loyalty programs
opportunity to develop your own loyalty program for employees
Data solutions
integrations with your common ERP, CRM, accounting software
know, where and when your employees and suppliers pay
third-party data sources to know even more about employees' & suppliers' behavior
get notified when employees or suppliers do purchases at exact merchants
analyze the data to modify product portfolio, loyalty program or forecast revenue even better
Incremental revenue
sharing of revenue related to domestic and cross border transfers of your employees and suppliers
sharing of revenue generated by cards' and accounts' general payment volume
sharing or revenue generated by loans, EWA and instalments for employees
Other solutions
branded customized insurance products for employees and suppliers
branded mobile networks with data products based on usage of mobile network
integration with close loop payment providers (schools, campus solutions, etc.)