Payodd, Inc. Executes a Partnership with Real Digital Systems and MetBank of Zimbabwe to Offer its Services to Consumers and Enterprises in Zimbabwe and their Relations Living in the Diaspora

    IRVINE, CA, September 21, 2016 /24-7PressRelease/ -- The partnership creates a new and exciting growth opportunity in Zimbabwe for Payodd, REal Digital Systems, and MetBank. The companies intend to work collaboratively to accelerate the adoption of safe, reliable and convenient digital payments for consumers and merchants using v-payments.

Further, the partnership will target the educational sector and provide new and innovative payment options to students and families while helping school streamline their fee and student payment collection processes. According to the partnership, V-Payments will allows students to purchase education resources, merchants to participate in transaction processing, consumers to use V-Payments for international remittances, and eCommerce portals to offer the platform for online transaction processing. The partners envision more opportunities for use of the platform in the future for other payment services that the country and its citizens may need. For MetBank, the partnership V-Payment offering will allow for a better customer experience, lower operational costs, more uses for credit and debit cards, and improved security for customers of the bank.

The partnership also sees a great benefit for Merchants because of the improved customer experience, efficiency, and security that the platform will deliver which will increase their sales by establishing consumer confidence in the services that they offer. Payodd and the partners believe that V-Payment will help drive increased sales for merchants who patronize the service.

"Entering Zimbabwe with our partners is a great achievement for our company and we look forward to initiating the establishment of V-Payment to provide the services that we believe will bring great benefit to the country and its people," said Kenny Andam, president and chief executive officer, Payodd. "We are excited to begin this partnership for Zimbabwe with Payodd and MetBank. Our agreement provides a framework for our companies to work together collaboratively, and deliver V-Payments for the citizens of Zimbabwe," said Mr. Itai, chief executive officer, Real Digital Systems.

The companies see this opportunity to work together as a great step towards their determination to bring real valuable mobile online digital payment solutions to the country of Zimbabwe.

About Us

PAYODD is a money transfer platform and payment processing service that focuses consumers and enterprises engaging in transaction interchange using their mobile phones as a tool for engaging in the exchange of goods and services. Payodd which represents all the odd payments that people do in their daily lives was developed to lead and transform the mobile money market. The growth and adoption around the world of mobile money has triggered a new revolution in the money transfer and remittance sector. PAYODD saw an opportunity to become an integral part of the new financial mainstream, and innovated its platform to make flexible the processes needed by enterprises and consumers to exchange physical currency using a digital medium that is secure, safe, and easy to use. PAYODD allows individuals to transfer money, make purchases, receive payment and process transactions through their mobile phones and online.

Over 6.8 billion people worldwide own a mobile phone and only a fraction of those mobile phone users have a bank account. Mobile phone use is expected to continue to grow worldwide which has PAYODD positioned to enhance the traditional banking needs with our secure and easy-to-use mobile wallet, payment application, online portal, and mPos terminal.

Real Digital Systems is a Zimbabwe company that is deploying a network for education and communications. The company is dedicated to improving education in Zimbabwe using modern and innovative technologies that will empower students to become more proactive in access needed educations resources across the country. The company is also embarking on establishing a platform that will allow parents to participate in the monitoring of their children's educations progress through the deployment of an interactive aspiration media network that will create information and content sharing among students, tutors, and parents.

Founded in 1999, Metbank has steadily grown into a strong bank with a unique brand personality, respected for its commitment to providing customer-driven services. With branch representation in all of Zimbabwe's major cities, the bank has over the years transformed itself into a more visible and accessible commercial bank focusing on building deeper relationships.

Products and services: The bank provides consumers, small business enterprises, corporate institutions and public sector enterprises with a broad range of financial products and services, including consumer banking, credit, corporate banking, international banking and trade finance; treasury and investment banking services.

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