PSI has created proprietary financial technology software-as-a-service funds, which include PSI Loan Investment product (PSII), PSI Loan Administration Platform (LAP), and the real-time PSI Affordability and Deduction Management Platform (ADMP).
ADMP serves as a trusted deduction management platform. It facilitates compliance with legislated payroll deduction processing and lets employers set and maintain standards and protective rules to ensure their employees are protected from ruthless lending practices and over-indebtedness. Deductions managed by ADMP are collected before customers receive their salary in their bank accounts and payments that aren’t processed by ADMP are paid. The company yields revenue on every salary deduction it processes for the financial services provider. The service does not cost the consumer, employer, or the state.
PSI contracts with government and giant corporate employers for real-time processing of payroll deductions. It provides services, technology, and systems to streamline and manage the administration of numerous payroll deduction transactions every month. It guarantees ethically enforced and seamless payroll deductions for more than 180,000 civil society and corporate workers within the sub-Saharan developing markets, as well as alleviates the collection risk related to unsecured lending, resulting in a cut in the lending cost and advancing PSI’s corporate philosophy and vision of total financial inclusivity.
The ADMP system has been in-market for six years in nations such as South Africa, Botswana, Uganda, and Malawi, and is earmarked for expansion to more developing markets worldwide. Financial institutions like Barclays, Sanlam Life Insurance, Crane Bank, Housing Finance Bank, Global Trust Bank, Stanbic Bank, Standard Chartered Bank, Blue Financial Services, DFCU Bank, KCB Bank, Equity Bank, Centenary Bank, Bayport, Letshego, Vanguard Life Assurance, Select Financial Services, Old Mutual, Getbucks, etc. have been utilizing the ADMP with notable success.
|Price||1 PSILTD = 1 USD|
|Hard Cap||25,000,000 USD|
|Whitelist/KYC||KYC & Whitelist|