The world’s first 100% open source platform for interoperability among real-time payment networks. We’re driving low-cost digital payment services for banks, companies, governments, and people everywhere. Check out our contributions on Mojaloop.io
As a secure open source platform, Mojaloop offers a readily available platform that promotes interoperability for everyone, from Hub Operators and Digital Service Providers (DFSPs). A purpose built referenece architecture, Mojaloop offers a cost effective solution for cross network, real time payment settlment.
Developed in Partnership
with The Gates Foundation
& Level One Project
ModusBox has lead multiple Mojaloop implementations in developing markets
Open Loop System
Available to any licensed DFSP in the country including banks and licensed non-banks.
Enables low value, high volume transactions in real-time.
Governed by DFSPs, regulated by the Central Bank
Engenders fairness for financial system participants with a well-tested model
1. The Account Lookup Service (ALS) routes payments to the correnct service/provider in the ecosystem.
2. The Central Ledger is composed of services to facilitate clearing and settlement of transfers between DFSPs.
3. The Central Settlements service manages settlements between FSPs and the Central Hub.
4. The Mojaloop Hub is the primary container and reference used to describe Mojaloop’s core components..
Experts on Mojaloop
Our Payment Solutions team has a unique makeup. With deep roots in finserv, mobile money, and development and delivery of flexible micro-services, we partnered with other industry leaders in the creation of Mojaloop to support efforts to extend financial inclusion to the world’s poor.
Supporting Open Source
The Mojaloop code is open source. We also offer an open source Software Development Kit (SDK) and an open source Connection Manager to assist organizations in deploying Mojaloop.