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Consumer

VMoney Dashboard[3][5][6]

The VMoney dashboard gives users access to multiple features of the platform such as sending funds instantly to another VMoney user, adding funds to accounts, converting funds to cash via bank transfer or ATM withdrawal, paying for bills, reloading of prepaid credits[1], and owning a VMoney Prepaid MasterCard[3].

VMoney Prepaid MasterCard[7][13]

The VMoney Prepaid MasterCard allows cardholders to make secure offline and online transactions and withdraw cash anywhere MasterCard is accepted.

VMoney Privilege Card[14]

VMoney’s NFC enabled cards for secure cashless transactions.  Cards are directly linked to a user account and require PIN verification for transactions to be processed.

MyVMoney

VMoney’s mobile application, MyVMoney, is equipped with all the functionalities of the VMoney web dashboard and enables NFC or QR code[4] payments using mobile phones.  The app is currently available for Android phones with an iOS release coming soon.

VMoney Financial Facility

An ATM network set to deploy in 2016, the VMoney Financial Facility or VFF, will be equipped with the following capabilities: accepting deposits to VMoney accounts, sending money, loading VMoney cards, paying bills, buying prepaid load and scratch cards, and withdrawing funds directly from VMoney accounts.

Micro ATM

Micro ATMs created by VMoney will essentially be the same as VFFs but without the cost of traditional ATMs.  Both individuals and businesses can become ATMs themselves by carrying the Micro ATM.

Business

Funds Disbursement[11]

VMoney offers businesses a way to send individual or mass payouts instantly and securely.  This is typically used for salary, commission or incentive disbursement, and comes with a complete transaction history for efficient tracking of transactions.

Online Payments[2][15]

This feature gives online merchants the option of accepting payments on their website via VMoney. Using VMoney as a payment option allows merchants to receive customers payments instantly, while customers are assured that all transactions go through in a secure system.

Remittance

The VMoney platform allows businesses to offer remittance services to their clients by using the latest technologies in global remittance platforms.

Loyalty and Rewards[2][17]

The VMoney platform can be used to implement a loyalty and rewards program that integrates with existing merchant systems and allows for a closed or open loop network system.  The entire platform can be white-labeled to fit specifications of any of VMoney’s business partners.

POS

VMerchant

A proprietary mobile application that turns mobile devices into POS systems that accept payment methods such as tap, swipe, QR code, and manual entry.  The application is available for free on Google Play.

vPOS

An add-on to the VMerchant app, vPOS, features inventory management and  shopping cart capabilities that can help merchants efficiently track demand and supply.  

Contactless Payments

VMoney has developed contactless payment solutions to lessen dependency on cash.   These solutions come in Near Field Communication (NFC) enabled cards or Host-based Card Emulation (HCE) on mobile phones.

TAPnPAY[14]/vPAY

TAPnPAY is VMoney’s NFC card payment solution designed for larger transactions. Featuring PIN verification, TAPnPAY transactions are directly linked to the VMoney account of the user and require an Internet connection to be processed.  VPAY is a version of TAPnPAY that is based on mobile phones with NFC capabilities instead of cards.

TAPnPASS[14]/vPASS

TAPnPASS works similar to TAPnPAY except it uses a stored value card or peripheral designed for micro transactions and does not require PIN verification. VMoney’s TAPnPASS is equipped with proprietary encryption to add layers of security.  With funds stored directly in the card, TAPnPASS does not require an Internet connection to process payments, and can be synced online later on to access transaction log.  VPASS is a version of TAPnPASS that is based on mobile phones with NFC capabilities instead of cards.

vReports

VMoney’s proprietary data analytics and reporting tool can be customized to show business information required by clients. vReports allows finance and management teams to obtain real-time visibility into performance metrics, sales targets, and customer demographics.

White-labeling and Co-branding[11]

The entire VMoney system can be white-labeled to fit the specifications of each of VMoney’s business partners. VMoney cards and peripherals can be co-branded as well to feature branding of merchant.

Exchange Platform[5]

Enables conversion of standard currencies into virtual currencies and vice versa, including conversion to hard cash.  Provides a network through which currencies can be tracked, exchanged, and redeemed.  VMoney’s exchange platform can be integrated with ForEx systems and providers.

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