Nearex is a pioneer Fintech provider of small payment technology. Its Xip solution has been adopted extensively to address a wide variety of small payment needs. At one end it has been used to create an unprecedented countrywide mobile money payment network by Safaricom for M-PESA payments in Kenya, while on the other it has been used for instant stored value offline payments for canteen and event payments in India.
Xip leverages cutting edge technologies such as NFC, QR, HCE, Audio Tone, etc. to deliver an affordable and scalable payment environment. It is a comprehensive solution that includes a secure and robust software platform, innovative merchant devices and a range of consumer tags and smartphone apps.