
HaitiPay
HaitiPay is a Haiti-based fintech company focused on digitalizing the country's economy and increasing financial inclusion for underserved communities. Its core services are delivered through an API-enabled digital banking platform. This includes a mobile wallet that is designed to be universal and telecom-agnostic, capable of turning even basic feature phones into electronic payment devices.
The platform facilitates a range of financial transactions, including local and cross-border e-payments and remittances. By enabling electronic payments, HaitiPay supports merchants in expanding their sales and provides a secure and traceable way for all users, from rural farmers to urban merchants, to access digital financial services.
In collaboration with EMTECH, a CBDC infrastructure provider, HaitiPay has developed a proof-of-concept for a potential Central Bank Digital Currency (CBDC) in Haiti. This solution is built on the Hedera public distributed ledger, chosen for its high throughput, low fees, and security. This integration is designed to lower the cost of payments and provide seamless access to digital cash.
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