Paykind

Paykind is a cheaper, faster, more efficient and trackable means of sending and distributing aid or other benefits that guarantees the desired outcome via digital vouchers. The vouchers are delivered through an SMS on both feature and smartphones and can be redeemed by the receiver at any of the certified Paykind vendors. The Paykind platform can be used for highly specific uses, including remittances or aid grants earmarked specifically for education, healthcare expenses, or food. Paykind provides valuable tracking and analytics in real-time to monitor voucher redemption, product choices, frequently visited stores and identity of the user. Donors and aid organizations across Africa work hard to guarantee funds are allocated for specific services or resources. While international donations into food, health and education seem large on scale (more than $42Bn to Africa yearly), the direct impact of these donations are diluted by high overhead costs, distribution hurdles, information inefficiencies, and corruption. At Paykind we transform efforts to results and ensure 100% of that money made it to the intended beneficiaries and is used for the intended purpose