Paytek - Maputo, Mozambique

PAYTEK is a Mozambican Fintech company that operates as a Payment Services Aggregator Provider. It provides technology solutions and services for companies and individuals to perform Digital Financial Services. Its first product, iMali - Digital Account, was tested and approved in the regulatory SandBox of the Bank of Mozambique. iMali is a contactless payment system that utilizes QRcode technology for both brick and mortar merchants as well as e-commerce sites. With iMali Business, an instore APP, merchants can generate a QRcode for the payment amount. To pay, customers use the iMali customer APP without any physical contact. iMali also offers API´s for e-commerce and third-party integration, as well as P2P transfers, airtime top-ups, and pre-payment services.