What is 2D?

• 2D Transact is a globally patented system (also described as a mechanism of intelligent transaction control) developed in the financial industry to primarily secure and simplify transactions in two distinct ways, firstly to customers of banks and other value stores by providing the bank’s customers the ability to safely and conveniently make card-less PUSH payments and other types of transactions on the go from within their existing mobile bank application through quick and simple interactive user responses (“scan to pay or type to pay”) to transaction codes presented by merchants and, secondly to provide merchants with an innovative risk free method to collect payments from customers and in the same process gain access to a new innovative and intelligent way of selling goods and services to customers by setting the 2D transaction attributes when they request a transaction code for the customers to pay.

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We lower payment cost, keep user interactions private and secure, Include and enable all levels of society to transact, push value to merchants or beneficiaries on the go.

• When Banks, e-Wallet operators and other value store institutes make available the 2D Transact functionality to their customers by exposing a simple menu within their existing mobile and Internet apps then those customers can conveniently, safely and privately transact and initiate push payment to beneficiaries or merchants from any type of interface, smart phone or low-tech USSD banking menu that exposes the 2D menu option to them at any given time.

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We secure, simplify and enable anybody to perform push payments quickly.

• The 2D Transact system eliminates the need for tokenization and use of personal information altogether. Our system needs NO customers data to be sent to us to perform transactions and also NO need for the customers to create beneficiaries when they want to pay them. Customers simply scan 2D Transact QR codes or type them using the apps or USSD menus and the payment of any type of value is pushed to the beneficiary in the type they accept. Seamless and convenient.

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We enable many types of transactions other than payment and share the value chain.

• If a financial institution implements 2D Transact they could effectively enable their customers to make use of the 2D option for much more than just pushing a payment to beneficiaries. The initial integration opens a world of other transaction types like transfers, deposits, withdrawals, authorizations for debit orders, permissions to access information, subscriptions, voting, competitions and the list goes on. Different transaction types invoke different fees and the institute shares in all of them not just the transaction of payment.