A digital commerce solution for financial transactions that accepts cash
credit and debit cards at a kiosk to load into a mobile wallet,
supporting a virtual and physical payment system.
Sound Wallet is an alternative payment system for financial transactions, leveraging a mobile wallet with a combination of other software and hardware devices to support a virtual and physical payment system. It allows for clients to pay with cash, debit or credit cards to buy prepaid services and load funds into the wallet that allows transfers to more than 200+ countries.
Cash Heavy Retailer Solution – combination of hardware and software accepts cash, credit, and debit and is loaded into a virtual wallet.
Prepaid Phone Services – allows for debit and credit payment to buy prepaid phone talk and data time.
Money transfer – load funds into wallet using cash, credit, and debit to transfer funds to more than 200 countries
Virtual Financial Services – Pay bills
Transfer funds to closed-loop account
Utilize ATM network
Imagine a safer, more efficient process for collecting, counting, storing and depositing funds with a virtual wallet solution for consumers. Sound Wallet – a Digital Commerce Solution – allows retailers to eliminate cash, allows clients to pay with a debit and credit card products, and decreases safety concerns for employees.
A money management portal is provided for administrators with easy access from any PC, Tablet or Mobile device. Our solution includes a virtual wallet and is convenient, cost-effective and ensures secure transportation.
Eliminate Risks for Merchants
Lower rate for debit and credit card acceptance
Lower operational costs by eliminating cash access and transporting cash to bank
Remove cost of maximum cash deposit allowable fees charged by banks in exchange for a low flat monthly service fee
Improve Service for Consumers
Flexible payment options - fund wallet with debit , credit or cash
Mobile app for easy wallet management
Low cost account with low minimum balance and never be overdrawn
Access to 24/7 virtual banking
1. Consumer downloads an app, registers, and applies for an account
2. Cash vault takes in cash, checks for authenticity and adds amount to virtual wallet
3. Cloud Portal gives bank immediate access to deposit information
4. Secure transfer of cash to bank (via armored car service)
5. Sound Wallet connected to bank’s core system for immediate credit to account
6. Revenue at cash vault for wallet reloads is optional
7. Merchant can pay a reduced processing fee or pass on costs to customer via surcharge
8. All processed transactions will have a 24 hour credit cycle
Sound Wallet allows for clients to pay with debit and credit cards to buy prepaid services for phone talk and data.
Sound Wallet allows for clients to pay with cash, debit and credit cards to load funds into the wallet that allows access to transfer money to 200 + countries.
Transfer money to closed-loop network