WIPAY is helping TT catch up in the digital revolution. The Caribbean-based online system hosts both a website and app which facilitate payments for online purchases using credit cards, and also creates online purchasing power for those who only have access to cash.
At its launch on Wednesday at IMAX in Port of Spain, the WiPay team said it would open the market of online shopping and transfer of funds to everybody who has access to the internet, even if they may not have access to credit card or even a bank account.
Business development manager Aldwyn Wayne said although in TT the main processors for online purchases are the banks, WiPay developed a system that processes much faster, which also eliminates long bank lines.
“We build a platform that allows anyone, from the doubles vendor to Massy Stores to download a plug-in for free which facilitates online purchasing.”