|Description||P2P Payment Platform|
POMS is a new payment platform being developed in collaboration with key partners of the retail payment ecosystem to deliver an advanced Peer-to-Peer (P2P) money transfer system.
POMS will facilitate secure, real-time payments and services via web, mobile, or retail locations giving consumers the most flexibility of any P2P system to-date. The pilot program will be accepted at over 20,000 retail locations across the United States.
POMS solves one of the most challenging problems facing the money transfer industry: the ability to provide a ubiquitous, real-time, cost-effective funds transfer system. To solve this dilemma, our founders built a company that leverages the retail payment ecosystem.
POMS will initially target the immigrant and underbanked demographics, particularly those who lack access to a payment card or are without a traditional banking relationship.