Wallet Factory enhanced functionality for E-kyash Digital Wallet in Belize

By Edlyn Cardoza

E-kyash, the first digital wallet in Belize developed and delivered by Wallet Factory, has recently acquired the enriched functionality to provide digital financial services to Belizean customers and business users to the fullest. The latest update has come out with a whole raft of brand new and improved features to ensure optimal customer and merchant experiences.

E-kyash, as a reliable mobile eWallet application, is easy to install and use. The app is designed to enable the underbanked customer segments in Belize with open access to digital financial services at scale. The digital wallet lends itself to becoming a game-changing solution that will transform the way payments are made in the country. The switch to a cash lite society is made possible due to the feature-rich functionality and user-friendly interface of E-kyash, carefully built from scratch by Wallet Factory.

“Every product update at our company is based on client feedback,” said Michael Miro, CEO of Wallet Factory. “It helps us implement exactly what their customers need from digital financial services.”

E-kyash allows all consumers, merchants, and retail operators to appreciate its new features:

• Spanish localisation for consumer and business apps
• Direct bill payments to over 70 payees
• Direct payroll payments to employees’ eWallets
• Person-to-Merchant payments via static & dynamic QR codes
• Person-to-Person transactions
• Advanced KYC upgrade and form acceptance
• Engaging customer motivation program
• Wallet inactivation/reactivation after a year
• Complete transaction history search with filters

“Providing our customers with better user experiences is always our goal and satisfaction,” said Agata Ruta, Head of Digital and Retail Banking at Belize Bank Ltd. “Technical excellence and user-friendliness are what makes E-kyash stand out.”

Belize Bank’s E-kyash was launched on August 6, 2021, and currently has over 42,000 users bringing financial inclusion to the Belizean market. E-kyash is the best alternative to cash, allowing customers to complete the transaction immediately in a safe and secured way.