MoneyTrac’s software technologies were developed to streamline, enhance and improve the overall efficiency of electronic payment processing for enterprises operating in alternative or “high-risk” market sectors where financial services available to them are limited.
MoneyTrac Technology has taken its combined 30 years of experience in the prepaid, processing, and business development space and applied it toward the creation of a new way to process payments.
“Payment processing and financial compliance for many legitimate businesses in alternative industries remains a significant challenge, particularly given the fact that many banks continue to view these businesses as 'high-risk' and in some cases, refuse to extend their services to them. We have gained a better understanding of the obstacles and impediments they are faced with from a payment processing standpoint, and as such, we truly believe that the our platform is a powerful solution that can help guide them through these challenges, while also solidifying their internal financial compliance responsibilities.”
-The MoneyTrac Management Team
PAYMENT PLATFORM SOFTWARE
MoneyTrac’s Payment Solution Platform solves the problems surrounding regulatory compliance and transactional processing and tracking within High-Risk Credit Industries. The Platform’s capabilities have many ancillary features as well such as bill pay and loyalty etc.
PIN DEBIT / VIRTUAL CURRENCY
MoneyTrac offers a mobile Pin-Debit solution to reduce or entirely eliminate cash from businesses operating in high-risk and alternative industries. In addition the Payment Platform has the ability to service a closed loop, virtual currency, e-commerce type system functionality.
COMPLIANCE / CASH FLOW LOGISTICS
MoneyTrac through its affiliated partnerships has the ability to introduce a high risk merchant to an audited and fully compliant banking system to apply for bank accounts. In addition we have cash logistics options.
MoneyTrac Technology is the only company amongst its competitors offering a white-label payment software solution allowing for its clients to customize, and brand their payment platform to conform to their clients needs.