Multiple beneficiary lists, multiple types of assistance, multiple Service Providers

Reach more beneficiaries with approved Service Providers

The EyePay® Network is an end-to-end software & hardware payment platform, built for targeted assistance distribution, enabling you to manage all your beneficiary support / assistance distribution programmes on one portal.

It offers the flexibility to instantly programme any type of assistance including food, cash, goods, health services and increasing your coverage through a pool of approved Service Providers.

You can now have the ability to extend the type of support you provide from direct cash out to cash for food, to health services via a secure, web based platform designed to support NGOs, Governments, banks, post offices, money exchangers and mobile wallets.

Powered by our trusted and established iris recognition software and hardware, it requires only one biometric registration, as the human iris is stable for life.

This innovative payment, accounting and communication platform has been developed to run the whole ecosystem including Payers (i.e. NGO/UN agency), Service Providers (Bank / money exchanger / switch – financial processor licence) and the Iris Trust Authority, which is responsible for the ownership of each disbursement programme.

Learn about key features and benefits

Transforming how assistance is delivered and received

The EyePay® Network takes away the complexity of distributing funding from donors to beneficiaries, ensuring that payments are transferred to the right people and providing complete accountability at every stage of the process.

The EyePay® Network is the world’s only payment processing platform specifically designed for digital ID management and subsequent delivery of humanitarian and social protection assistance.

It provides unprecedented accountability and transparency, rapid deployment and creates powerful trust in the aid delivery process which is invaluable to donors for securing future funding.

The use of IrisGuard advanced iris recognition technology to trigger transactions at thousands of cash-out and service points ensures a convenient, contact free, dignified and efficient approach of delivering assistance as well as leading in utilising an innovative yet established and trusted technology, which already serves over 5.6m beneficiaries.

This beneficiary-centric eco system is transforming CBT assistance and other Beneficiary services by dramatically shifting the focus from the SP to the Beneficiary. One uniform portal interface connects Payers and SP’s to deliver a range of services, whilst removing the laborious & lengthy SP recruitment and set-up process, supporting many types of assistance in any currency including cash-based transfers, in-kind food assistance and healthcare services.

EyePay® Network allows post-disbursement payment model beneficial for your cash flow, instant settlement of funds once disbursement complete ensuring financial robustness without reliability on a single SP. It increases your financial resilience, gives you larger coverage, lower fees and less dependency on a single SP.

Why join the EyePay® Network

One uniform portal for multi-modal relief distribution

  • CVA / Social Protection / Food / Non-Food Items / Medical Services
  • Choice of Service Providers in different areas in and outside of country, less dependency on a single SP
  • Flexibility to support multimodal assistance including mobile wallets through one portal
  • Consistent, robust and easy to use interface for all SPs
  • Streamlined assistance list loading with the ability to add / remove beneficiary on a 'live' list, no need to re-upload
  • Fully configurable download of aggregated payment information for each SP and for each assistance list
  • Beneficiary can access a variety of SPs (bank, mobile money, money exchange, post office, shops)
  • Beneficiary can get aid from up to four different payers, all on one receipt

Stronger financial resilience & Accounting

  • Payer-approved set exchange rate ($USD default currency)
  • Pre & post-paid charging model
  • Split or float a payment list among different Service Providers
  • Download payment instructions into own systems
  • SP & Payer can have accounts in different banks (IBAN) = Switch
  • No minimum payment transfer/distribution value
  • No minimum payment transfer/distribution frequency
  • Flexible length of payment cycle
  • No penalty for changes
  • No subscription required
  • Consolidate all SPs payment orders in real-time
  • Track/calculate fees for every delivery
  • Full real-time transactional audit trail

Accountability & KYC assurance

  • Ensuring assistance is delivered to the rightful beneficiary, eliminating duplicate payments and double-dipping
  • Providing accurate proof-of-life utilising only the beneficiary's iris to ensure compliance with Know Your Customer(KYC), Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF)
  • Eliminating the need for the time-consuming process of bank enrolment and issuance of a card or PIN, creating significant savings on operational costs and associated overhead
  • Real-time audit trail tracking of funds at every stage of the process, whilst removing the burden of proof-of-delivery from field staff

Increased protection and data security

  • Hosted on your own Microsoft Azure UK
  • Central control of all devices
  • Data stored within each country
  • No data sharing as all information including the PID and the value of the assistance remain completely anonymous to the SP(s)
  • Transactions/transfers/payments are triggered when the Beneficiary is verified via an IrisGuard installed POS at the location of their choice, which is the first and only time where the SP will have any interaction with the value being distributed and any relevant information, which can remain anonymous
  • Unlimited expandability & availability 24x7x365

Communication gateway

  • SMS available to send notifications to beneficiaries, at a discounted bulk rate price
  • Provide beneficiary with options of locations including map showing closest ATM (Smartphone required)
  • Alert service for all EyePay® Network partners providing instant notification of any issues

How you fit in this eco-system

Capex & Opex charging models available

Subscription Options

OPEX

  • SaaS subscription model with ownership cost spread over time
  • Enables deployment without an up-front investment
  • Fee per transaction
  • Support fee
  • Client owns license and equipment at end of contract
  • Data owned & controlled by client at all times

CAPEX

  • Up front payment for immediate enrolment / database (license) ownership
  • Support fee
  • Equipment ownership transfer to client at end of contract
  • Data owned & controlled by client at all times

Explore our Devices

We design, develop and manufacture a variety of state-of-the-art iris capture devices in the UK