Cashphor adopts camera phone based transaction technology

Micro finance institution Cashpor India, has adopted ClassifEye’s innovative camera-phone-based transactions and authentication solution.

This will help  Cashphor, broaden its customer base and allow its  agent-serviced customers to improve their financial reach.
 
ClassifEye’s solution uses camera phones to deliver secure and reliable services for micro finance institutions.
 
“Poverty-reduction through greater financial inclusion is a wonderful aspiration, but reaching rural populations with cost-effective, appropriate technology and products in a financially sustainable manner is a big challenge,” said David S. Gibbons, CEO, Cashpor India.